The Starting Point for the Verification of the Balance in the General

question 125

Multiple Choice

The starting point for the verification of the balance in the general bank account is to obtain

• A) a bank reconciliation from the client.
• B) the client's cash account from the general ledger.
• C) a cutoff bank statement directly from the bank.
• D) the client's year-end bank statement.

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Definitions:

Negative Reactions

Adverse responses or feedback to a particular stimulus, action, or event, often characterized by resistance or opposition.

Societal Value

The importance or worth of something within society, often reflecting cultural norms, beliefs, and priorities.

Applied Behavior Analysis

A therapy based on the science of learning and behavior, used to improve or change specific behaviors.

Functional Relation

A connection between two variables such that changes in one variable systematically lead to changes in another, often used in the context of behavioral analysis.