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:

Muscular Systems

The system in the human body that enables movement of the body and maintains posture, comprising of all the muscles.

Skeletal Systems

The framework of bones and other connective tissues that provide support, movement, and protection for the human body.

S-shaped Segment

A segment of a structure, such as the colon, that curves twice in opposite directions resembling an "S".

Descending Colon

The segment of the large intestine after the transverse colon that descends the left side of the abdominal cavity.