Examlex
A test developer of multiple-choice ability tests reviews data from a recent test administration.She discovers that testtakers who scored very high on the test as a whole,all responded to item 13 with the same incorrect choice.Accordingly,the test developer
Bank Reconciliation
The method of aligning the figures in a company's bookkeeping records for a cash account with the equivalent data on a bank statement.
NSF Check
Non-Sufficient Funds Check, a bank check that cannot be honored because the account on which it is drawn does not have enough funds.
Outstanding Checks
Checks that have been written and recorded in the payer's financial records but not yet cleared or cashed by the recipient.
Cash Flow
The net amount of cash and cash-equivalents being transferred into and out of a business.
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