Choose the One Alternative That Best Completes the Statement or Answers

question 117

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
Solve the problem.
-DGʹs Plumbing and Heating charges $50 plus $60 per hour for emergency service. Bill remembers being billed just over $200 for an emergency call. How long to the nearest hour was the plumber at
Billʹs house?

• A) 11 hours
• B) 13 hours
• C) 4 hours
• D) 3 hours

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Definitions:

Bank Reconciliation

Bank reconciliation is the process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement, to ensure accuracy.

Internal Control

Strategies and methods adopted by a business to maintain the accuracy of its financial and accounting records, encourage responsibility, and deter dishonest practices.

Detection of Errors

The process of identifying and correcting mistakes in financial records or transactions.

Check Register

A record of checks written, deposits made, and balances for an account, helping to ensure accuracy and prevent fraud.