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:

Sensitivity Training

A type of program designed to raise awareness of group dynamics and any existing prejudices toward others.

Workplace Behaviors

Actions and interactions of individuals within a workplace setting, which can influence the work atmosphere, productivity, and organizational culture.

Divisional Structure

An organizational structure that groups employees by products and services, geographic regions, or customers.

Functional Departmentalization

Organizing a company's structure based on functions or departments such as marketing, finance, human resources, etc., to enhance efficiency and specialization.