Which of the Following Is the Best Example of a Test

question 118

Multiple Choice

Which of the following is the best example of a test question involving recall?

• A) Essay questions
• B) True-false questions
• C) Multiple-choice questions
• D) Matching questions

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Definitions:

Deposits In Transit

Funds that have been sent to a bank but not yet recorded by the bank in the company’s account balance.

Outstanding Checks

Checks that have been written and recorded in a company's accounting system but have not yet been cashed or cleared by the bank.

Credit Memo

A document issued by a seller to a buyer, reducing the amount that the buyer owes to the seller under previous invoices.

Sarbanes Oxley

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures, influenced by financial scandals.