On a Bank Reconciliation,deposits That Were Not Entered by the Bank

question 35

Multiple Choice

On a bank reconciliation,deposits that were not entered by the bank before the bank statement was prepared are known as

• A) NSF deposits.
• B) restrictive deposits.
• C) deposits in transit.
• D) unrecorded deposits.

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Definitions:

Transformation Process

The method by which inputs (such as raw materials, information, or labor) are converted into outputs (products or services) by an organization.

Continuous Manufacturing Organizations

Companies that use continuously running assembly lines, creating products with many similar characteristics.