MATCHING the Accountant for a Local Manufacturing Company Is Reconciling the the Company's

question 14

Multiple Choice

MATCHING
The accountant for a local manufacturing company is reconciling the company's bank account for May. For each item listed, state how it would be handled on a bank reconciliation. (Choices may be used more than once.)
-cheque written on the company's account in May that does not appear on the bank statement

• A)addition to bank balance
• B)subtraction from bank balance
• C)addition to company balance
• D)subtraction from company balance
• E)not included on the reconciliation

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Definitions:

Kohlberg's Construct

refers to Kohlberg's theory of moral development, which outlines how individuals progress through different stages of moral reasoning.

Moral Judgment

The process of determining the ethical correctness or wrongness of actions based on a set of criteria or principles.

Obedient

The quality or condition of doing what one is told or expected to do, showing compliance with commands or directives from authority figures.

Legitimate Social Contract

An agreement deemed valid and acceptable by those involved, often referring to the consensus on societal rules and norms.