In Reconciling a Bank Statement,the Bank Balance Is $1 000

question 12

Multiple Choice

In reconciling a bank statement,the bank balance is $1 000 and the chequebook balance is $1 205.Which of the following is the MOST probable reason why the chequebook balance is larger than the bank balance?

• A)The bank has not cleared certain cheques.
• B)A deposit in transit was made at the end of the month.
• C)The bank has added interest revenue to the account balance.
• D)The bank received an EFT from a customer.

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Definitions:

Noticeable Change

A transformation or modification that is significant enough to be easily observed or recognized.

Insight Therapy

A form of psychotherapy aimed at increasing a patient's awareness of underlying motives and defenses.

Psychotherapeutic Mechanisms

Processes or methods used in psychotherapy that facilitate psychological change and healing.

Effective Treatment

Therapeutic interventions or methods that have been proven to yield positive results in managing or curing illnesses or conditions.