The Prefix Ab- Means ________

question 94

Multiple Choice

The prefix ab- means ________.

• A)"away from"
• B)"moving down"
• C)"moving up"
• D)"toward"

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Definitions:

Adjusted Cash Balance

The cash amount shown on a company's financial statements after adjustments for checks outstanding, deposits in transit, and other necessary adjustments.

NSF Check

A check that cannot be processed because the writer's account does not have sufficient funds, commonly known as a bounced check.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those shown on a bank statement to ensure accuracy.

Bank Service Charges

Fees charged by banks for various services such as account maintenance, transactions, or overdrafts, recorded as expenses in accounting.