Examlex

Solved

A Check Was Written by a Business for $507, but Was

question 11

Multiple Choice

A check was written by a business for $507, but was recorded in the cash payments journal as $705. How would this error be included on the bank reconciliation?


Definitions:

Genetically Transmitted

Relates to traits or conditions passed from parents to offspring through genes, embodying hereditary characteristics or diseases.

Government Disability

Financial assistance and support services provided by government agencies to individuals who have disabilities that inhibit their ability to work.

Case Management

A collaborative process that assesses, plans, implements, coordinates, monitors, and evaluates the options and services required to meet an individual's health needs using communication and available resources.

SMI

Severe Mental Illness; a term used to describe a mental disorder that significantly impairs one's ability to function in daily life over a prolonged period.

Related Questions