Which of the Following Is Not a Reason for Preparing

question 88

Multiple Choice

Which of the following is not a reason for preparing a bank reconciliation?

• A)It explains differences between cash in the general ledger and cash on the bank statement.
• B)It is necessary in order to prevent fraud committed by employees.
• C)It is helpful in identifying any errors made by the bank.
• D)It is helpful in identifying any bookkeeping errors made in the general ledger.

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Definitions:

Lab Report

A document that describes the procedure, findings, and conclusions of a laboratory experiment.

Analysis

The process of examining components or structures of a complex issue, item, or data set to understand it better or draw conclusions.

Written Lab Report

A detailed document that presents the methodology, findings, and conclusions of a laboratory experiment.

Credibility

The quality of being trusted and believed in, often based on a reputation for honesty and integrity.