Which of the Following Would not Be Subtracted from the Balance

question 184

Multiple Choice

Which of the following would not be subtracted from the balance per books on a bank reconciliation?

• A)Outstanding checks.
• B)NSF checks.
• C)Check printing charge.
• D)Service charges.

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Definitions:

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors hold true for a specific entity.

Cost Formula

An equation or model used to predict and allocate costs based on certain variables or cost drivers.

Activity Level

The volume of production or the level of activity in a business that impacts costs and operating income.

Total Cost

The complete cost of producing or acquiring a product or service, including fixed and variable costs.