Karlin Company Gathered the Following Reconciling Information in Preparing Its

question 155

Multiple Choice

Karlin Company gathered the following reconciling information in preparing its April bank reconciliation: $\begin{array}{lr}\text { Cash balance per books, } 4 / 30 & \$ 17,600 \\\text { Deposits in transit } & 2,400 \\\text { Notes receivable and interest collected by bank } & 5,920 \\\text { Bank charge for check printing } & 200 \\\text { Outstanding checks } & 12,000 \\\text { NSF check } & 1,120\end{array}$ The adjusted cash balance per books on April 30 is

• A)$24600.
• B)$23520.
• C)$22200.
• D)$24440.

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Definitions:

Virtual Teams

Groups of individuals who work together from various geographic locations and rely on communication technology to collaborate.

Flatter Organization

An organization with fewer hierarchical levels, promoting better communication, quicker decision-making, and often higher employee morale.

Self-managed Teams

Groups of workers who are given administrative oversight for their task domains, including planning and scheduling of work, the allocation of resources, and the operation of their work processes.

Self-managed Team

A group of employees who are provided with the autonomy to manage their work and make decisions without direct supervision.