A Selectively Permeable Membrane

question 12

Multiple Choice

A selectively permeable membrane

• A) allows all substances to pass through.
• B) allows all organic substances to pass through but excludes all inorganic substances.
• C) allows some substances to pass through and excludes others.
• D) does not allow any substances to pass through.

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Definitions:

Pre-Reconciliation Cash Balance

The initial cash balance reported before adjustments are made for reconciling items in the preparation of a bank reconciliation.

Outstanding Checks

Checks that have been written and recorded in the issuer's account but have not yet been cashed or deposited by the recipient.

Bank Service Charges

Fees charged by a bank to its customers for account maintenance and other banking services.

NSF Check

A check that has been returned by a bank because it cannot be cashed due to insufficient funds in the account it was drawn against.