Which of the Following Is a Benefit of Online Banking

question 145

Multiple Choice

Which of the following is a benefit of online banking?

• A) The business can reconcile to the bank's balance at any time.
• B) The bank reconciliation is not necessary.
• C) The business can reduce their internal controls over cash receipts.
• D) A company's book balance will always equal the bank's balance.

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Definitions:

Test's Reliability

The consistency of a test in measuring what it is intended to measure across different occasions.

Reliability

Reliability refers to the consistency and dependability of a measurement, test, or instrument in yielding similar results under consistent conditions.

Test Items

Questions or tasks designed to measure knowledge, skills, abilities, or other attributes.

Nonmanipulated Variables

Variables in a study that are not altered or controlled by the researcher but observed for their effects on the outcome.