Notification by the Bank That a Deposited Customer Check Was

question 4

Multiple Choice

Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry:

• A) Accounts Receivable Cash
• B) Cash Accounts Receivable
• C) Miscellaneous Expense Accounts Receivable
• D) No adjusting entry is necessary.

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Definitions:

Internal Validity

Internal validity refers to the extent to which a piece of research accurately measures or tests what it set out to measure or test, without being influenced by external factors. High internal validity means that the study design, conduct, and analysis ensure the study's findings are trustworthy.

External Validity

External validity refers to the extent to which the outcomes of a study can be generalized or applied beyond the specific study context or sample, including to other populations, settings, treatment variables, and measurement variables.

Systematic Errors

Biases or errors that consistently affect the results of a study in a specific direction, arising from the research design or methodology.

Inconsistent

Lacking in uniformity, stability, or agreement; often displaying variability.