Shane Company Gathered the Following Reconciling Information in Preparing Its

question 23

Multiple Choice

Shane Company gathered the following reconciling information in preparing its April bank reconciliation: The adjusted cash balance per books on April 30 is

• A) $12,930.
• B) $14,190.
• C) $23,730.
• D) $24,990.

---

Definitions:

Herbert Simon

An influential scholar in the realms of economics, psychology, and computer science, known for his work on decision-making and artificial intelligence.

Economic Person

A theoretical concept of a person who makes rational decisions by maximizing utility or profit based on limited resources.

Programmed Decision Making

A decision-making process that follows established procedures or rules, often used for routine and repetitive decisions.

Existing State

The current conditions or circumstances of a system, situation, or state of affairs.