Based on the Following Information,what Amount Would Be SUBTRACTED from the BANK

question 42

Multiple Choice

Based on the following information,what amount would be SUBTRACTED from the BANK BALANCE side of a chequing account reconciliation? Service charge $6,Outstanding cheques $260,Interest $3.00,Deposit in transit $65

• A)$260
• B)$65
• C)$67
• D)$68
• E)$266

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Definitions:

80/20 Principle

A rule of thumb that states that 80% of outcomes result from 20% of all causes for any given event.

Time Management

The process of organizing and planning how to divide one's time between specific activities efficiently.

Territorial Evaluation

The assessment of the sales potential or performance of a specific geographic area or market segment.

Performance Standards

are established expectations regarding the quality and speed of work for tasks or job roles, often used for evaluation purposes.