Examlex
The easiest way to add more labor to a project is not to add more people, but to schedule overtime. What are the disadvantages of scheduling overtime?
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure they are in agreement.
Book Balance
The balance of an account according to the accounting records, before any adjustments or reconciliations have been made.
Check Amount
The sum of money written and authorized for payment on a check.
Internal Controls
Strategies and protocols a corporation uses to safeguard the reliability of their financial and accounting data, encourage responsibility, and avert theft.
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