In Reconciling a Bank Statement, the Bank Balance Is $1

question 39

Multiple Choice

In reconciling a bank statement, the bank balance is $1 000 and the chequebook balance is $1 205. Which of the following is the MOST probable reason why the chequebook balance is larger than the bank balance?

• A)The bank received an EFT from a customer.
• B)The bank has added interest revenue to the account balance.
• C)The bank has not cleared certain cheques.
• D)A deposit in transit was made at the end of the month.

Identify the reasons and correct procedures for employee terminations and separations.

Understand how internal employee movements (promotions, transfers) and compensation adjustments are managed.

Understand the definitions and purposes of key labor relations concepts such as boycotts, lockouts, mediation, arbitration, and strikes.

Differentiate between the roles and impacts of mediation, conciliation, and arbitration in labor disputes.

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