When You Reconciled Your Chequebook, You Had an Adjusted Bank

question 153

Multiple Choice

When you reconciled your chequebook, you had an adjusted bank balance of $4,068. You had 5 cheques outstanding with a total value of $6,213 and 3 outstanding deposits worth $1,629 each.
What is the amount of your collection float?

• A) $1,326
• B) $3,701
• C) $4,887
• D) $5,394
• E) $6,213

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Definitions:

Liberal Protestants

Members of the Protestant denomination who hold more progressive, open-minded theological views, often emphasizing social justice.

Controlled Drinking

is an approach in alcohol addiction treatment aimed at helping individuals moderate their alcohol intake rather than abstaining entirely.

Alcoholics

Individuals who suffer from alcoholism, a chronic disorder characterized by dependency on alcohol, inability to control drinking, and withdrawal symptoms when attempting to stop.

Public Drunkenness

The act of being intoxicated with alcohol in a public setting, which is considered a legal offense in many jurisdictions.