For Which of the Following Errors Should the Appropriate Amount

question 8

Multiple Choice

For which of the following errors should the appropriate amount be added to the balance per bank on a bank reconciliation?

• A)cheque for $43 recorded as $34 by the depositor
• B)deposit of $500 recorded by the bank as $50
• C)a paid cheque for $200 recorded by the bank as $20
• D)cheque for $35 recorded as $53 by the depositor

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Definitions:

Binding Arbitration

A legal process where a dispute is resolved by an arbitrator or arbitral panel, whose decision is final and legally binding on all parties.

Negotiations Impasse

A situation in which parties involved in negotiations cannot reach an agreement and progress is halted.

Decertification

The process of revoking or withdrawing the certification of an individual, organization, or product, often in a legal or professional context.

Public Sector

The portion of an economy that comprises government services and enterprises, including administration, defense, public education, and healthcare.