In the Normal Operation of Business, You Receive a Check

question 39

Multiple Choice

In the normal operation of business, you receive a check from a customer and deposit it into your checking account. With your bank statement, you are advised that this check for $775 is "NSF." The bank also informs you that due to the amount of activity on your business account the monthly service charge is $75. During a bank reconciliation, you will

• A) subtract both values from balance according to bank
• B) add both values to balance according to books
• C) add both values to balance according to bank
• D) subtract both values from balance according to books

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Definitions:

Color Recall

The ability to remember colors accurately, often tested in memory and perception studies.

Brain Damage

Physical injury to the brain that impairs its functions, possibly permanently or temporarily, affecting cognition, physical abilities, or emotion.

Cognitive Processes

Mental activities involved in the acquisition, storage, retrieval, and use of knowledge.

Divided Attention

The ways a cognitive processor allocates cognitive resources to two or more tasks that are carried out simultaneously.