The Bank Reconciliation

question 89

Multiple Choice

The bank reconciliation

• A) must be done on a daily basis if the client uses electronic banking.
• B) should be performed by someone independent of the handling or recording of cash receipts.
• C) should be performed by someone who handles cash disbursements.
• D) ensures that no cash has been embezzled.

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Definitions:

Advertisers

Entities that pay to promote their products, services, or ideas in various media formats to attract potential customers or audiences.

Emiliano Zapata

A leading figure in the Mexican Revolution (1910-1920), known for advocating for land reforms and the rights of peasants.

Pancho Villa

A Mexican revolutionary general and one of the most prominent figures of the Mexican Revolution (1910-1920).