Which of the Following Items Are Both Reconciling Items on the Bank

question 51

Multiple Choice

Which of the following items are both reconciling items on the bank side of the reconciliation?

• A)outstanding cheques and correction of book error
• B)deposit in transit and NSF cheque
• C)deposit in transit and outstanding cheques
• D)bank service charge and correction of book error

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Definitions:

Karl Marx

A 19th-century philosopher, economist, and revolutionary, best known for his theories about capitalism and communism.

Overpopulation

A situation where the number of people exceeds the capacity of the environment to provide for their needs, leading to environmental degradation and diminished quality of life.

Capitalism

An economic system characterized by private ownership of the means of production, free markets, and the pursuit of profit.

Population Change

Alterations in the size, composition, distribution, or density of human populations over time.