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:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for 'fight or flight' responses during perceived threats.

Parasympathetic Nervous System

Part of the autonomic nervous system that conserves energy by slowing the heart rate, increasing intestinal and gland activity, and relaxing sphincter muscles in the gastrointestinal tract.

Somatic Nervous System

The somatic nervous system is part of the peripheral nervous system responsible for carrying motor and sensory information both to and from the central nervous system.

Interneurons

Neurons located in the central nervous system that transmit impulses between sensory and motor neurons.