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.

---

Definitions:

Personality Dimensions

Fundamental attributes that capture the various aspects of a person's character and behavior, such as introversion/extraversion or openness to experience.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Neuroticism

A personality trait characterized by instability, anxiety, and aggression, making an individual more prone to psychological stress.

Irrationality

The quality of being illogical or unreasonable in thoughts or actions.