Which of the Following Misstatements Could Be Detected as Part

question 13

Multiple Choice

Which of the following misstatements could be detected as part of the tests of a bank reconciliation?

• A)payment of interest to a related party at an incorrect rate
• B)exclusion of mortgage interest receivable from the balance sheet
• C)deposits recorded as cash receipts at the end of year,but included as outstanding deposits (deposits in transit)
• D)a defalcation of cash by interception of collections before they are recorded

---

Definitions:

Psychological

Relating to the mind or mental processes and how they influence behavior, emotions, and cognition.

Stressor

Any event or situation that causes stress, forcing an individual to adapt or react to mitigate the source of stress.

Stress Response

The body's reaction to any change that requires an adjustment or response, which can involve physical, mental, or emotional strain or tension.

Stress Disorder

A mental health condition triggered by experiencing or witnessing a highly traumatic event, characterized by persistent distress and anxiety.