Which of the Following Bank Reconciliation Items Would not Result

question 143

Multiple Choice

Which of the following bank reconciliation items would not result in an adjustment to the company's records?

• A)Service charge.
• B)Deposits in transit.
• C)NSF check of customer.
• D)Collection of a note by the bank.

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Definitions:

Index Model

In finance, it is a statistical model used to describe the performance of an asset or portfolio relative to a particular benchmark or market index.

Covariance

A measure of how two securities move together, used to assess the degree to which they co-vary.

Assets GM and GE

Refers to the tangible and intangible items owned by General Motors (GM) and General Electric (GE) that are used in their operations to generate revenue.

Beta

A measure of the volatility, or systematic risk, of a security or portfolio in comparison to the market as a whole.