Bank Errors

question 175

Multiple Choice

Bank errors

• A) occur because of time lags.
• B) must be corrected by debits.
• C) are infrequent in occurrence.
• D) are corrected by making an adjusting entry on the depositor's books.

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Definitions:

Germinal Stage

The germinal stage is the first phase of prenatal development, encompassing the period from fertilization to implantation of the embryo in the uterus.

Embryonic Stage

A critical phase in development spanning from fertilization until the end of the eighth week, where initial formation of major structures and organs occurs.

Fertilisation

The process by which male and female reproductive cells (gametes) unite, leading to the development of a new organism.

Embryonic Stage

The period in prenatal development from approximately two to eight weeks after fertilization, during which the major organs and structures of the organism develop.