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When a child correctly solves Piaget's conservation task and explains "If you pour it back, you'll see that it's the same," he is demonstrating an understanding of:
Outstanding Checks
Checks issued by a company awaiting cashing or clearance by the bank.
Adjusted Cash Balance
The cash amount shown in a company's books after adjustments have been made for checks outstanding, deposits in transit, and other factors.
Bank Service Charge
Fees charged by banks for the various services and account maintenance provided to customers.
Outstanding Checks
Checks that have been written and recorded in the check issuer's accounting records but have not been cashed or cleared by the bank.
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