Bank Errors

question 90

Multiple Choice

Bank errors

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

Learn about the role of corporate citizenship and its activities.

Understand consumer rights and business responsibility towards consumer protection.

Know the enforcement agencies and laws regarding workplace safety and consumer rights.

Identify the aspects and importance of ethical, legal, economic, and voluntary dimensions of social responsibility.

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Definitions:

Insulin Lispro

A rapid-acting insulin used in the treatment of diabetes, designed to control blood sugar levels quickly after meals.

Primes

Natural numbers greater than 1 that have no positive divisors other than 1 and themselves.

Nasolacrimal Duct

A passage that allows the drainage of tears from the eye into the nasal cavity, often involved in tear duct blockages.

Eyedropper

A small tool used for transferring liquids in small quantities, often consisting of a squeezable bulb and a narrow tube.