Which of the Following Is a Benefit of Internet Banking

question 94

Multiple Choice

Which of the following is a benefit of internet banking?

• A)The business can reduce their internal controls over cash receipts.
• B)The business can reconcile to the bank's balance at any time.
• C)The bank reconciliation is not necessary.
• D)A company's book balance will always equal the bank's balance.

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Definitions:

Unique Thoughts

Original or distinctive ideas generated by an individual, which are not directly influenced by external inputs.

Social Development

The process by which individuals acquire the values, behaviors, and skills necessary for successful interaction in society and within their cultural context.

Acquisition

The process of gaining knowledge or skills through study, experience, or being taught.

Unique Thoughts

Ideas or concepts that are original and not derived from existing ideas or influenced by external inputs.