The Book Side of a Bank Reconciliation Includes

question 83

Multiple Choice

The book side of a bank reconciliation includes:

• A) deposits in transit, bank collections and NSF checks.
• B) NSF checks, bank collections and interest earned on the checking account.
• C) outstanding checks and deposits in transit.
• D) outstanding checks, NSF checks and cost of printed checks.

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Definitions:

Behaviours

The actions or reactions of a person or animal in response to external or internal stimuli.

Pay Grades

Categories of pay rates established to reflect differences in job complexity, responsibility, skills required, and market rates, intended to ensure fair and equitable pay.

Heavy-Duty Mechanic

A professional specialized in repairing, maintaining, and overhauling large machinery and vehicles that require robust engineering.

Job Description

A formal account of an employee's responsibilities, duties, and scope of work within an organization.