Bank Errors

question 86

Multiple Choice

Bank errors

• A) occur because of time lags.
• B) must be corrected by debits.
• C) are infrequent in occurrence.
• D) are corrected by making an journal entry on the depositor's books.

---

Definitions:

Assimilating

The process of adopting the cultural norms and values of a dominant or host society, often discussing the integration of immigrants into a new cultural setting.

Internal Colonialism

describes the exploitation and domination of a country's minority groups by its dominant group, mirroring external colonial practices within national borders.

Assimilation

The process by which a minority group blends into the majority population and eventually disappears as a distinct group.

Ethnic Group

Individuals bonded together within a population through similar cultural backgrounds or ancestry.