If a Bookkeeper Mistakenly Recorded a Cheque as $38 Instead

question 129

Multiple Choice

If a bookkeeper mistakenly recorded a cheque as $38 instead of the correct amount of $83, the error would be shown on the bank reconciliation as a:

• A)$45 addition to the book balance.
• B)$45 deduction from the book balance.
• C)$45 deduction from the bank balance.
• D)$45 addition to the bank balance.

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Definitions:

Informed Consent Form

A document that explains the risks, benefits, and alternatives of a procedure or treatment, to be signed by a patient, indicating their understanding and agreement to proceed.

Practice Owner

An individual who owns and often operates a private business in a healthcare-related field.

Documentation Approach

The method or strategy employed in collecting, maintaining, and archiving records and documents.

Exam and Test Results

The outcomes or findings from various assessments or evaluations, typically used in educational and medical contexts.