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:

Reinforcer

Something that increases the likelihood of a behavior being repeated, often used in the context of behavioral psychology.

Social Learning Theory

A theory that suggests people learn new behaviors by observing and imitating others, alongside direct reinforcement or punishment.

Symbolizing

The use of symbols or symbolism to represent ideas, concepts, or attributes, often employed in communication, art, and culture to convey deeper meanings.

Self-Control

The ability to regulate one's emotions, thoughts, and behaviors in the face of temptations and impulses.