On a Bank Reconciliation, Which of the Following Would Be

question 62

Multiple Choice

On a bank reconciliation, which of the following would be deducted from the balance per books?

• A) outstanding cheques
• B) deposits in transit
• C) electronic payment by a customer on account
• D) bank service charges

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Definitions:

Privatization

The process of transferring ownership or operation, particularly of public services or assets, to private sector entities.

Symbolism

Involves the use of symbols to represent ideas or qualities in literature, art, and other forms of expression.

Public Nature

Characteristics or attributes that are not private, belonging to or affecting the community or society at large.

Rates of Imprisonment

The proportion or number of individuals within a population who are confined in prison.