The Following Information Was Available to the Accountant of Dove

question 131

Multiple Choice

The following information was available to the accountant of Dove Company when preparing the monthly bank reconciliation: $$\begin{array} { | l | r | } \hline \text { Cash balance per bank } & \$ 3,450 \\\hline \text { Outstanding cheques } & 972 \\\hline \text { NSF cheque returned with the bank statement } & 58 \\\hline \text { Deposits in transit } & 351 \\\hline \text { Bank service charges } & 33 \\\hline \text { Notes receivable from customer, collected by bank } & 575 \\\hline \begin{array} { l } \text { Error: cash payment of } \$ 532 \text { received from a customer was } \\\text { incorrectly recorded on the books as }\end{array} & 523 \\\hline\end{array}$$ What was the cash balance per books of Dove Company prior to beginning the bank reconciliation?

• A) $2,238.
• B) $2,270.
• C) $2,336.
• D) $2,354.

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Definitions:

Dynamic Traits

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Assessment Technique

A method or procedure used to evaluate or measure an individual's ability, skill, competence, or characteristic.

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This term is a shortened form for "test data," referring to information collected from psychological tests that aim to measure individual traits, abilities, or attitudes.

Factor-analytic Research

A statistical method used to describe variability among observed variables in terms of a potentially lower number of unobserved variables called factors.