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:

Time Standards

The established amount of time required to complete a specific task, used for planning and performance evaluation.

Job Characteristics

The attributes or aspects of a job, such as its tasks, responsibilities, and working conditions, that can affect employee motivation and job satisfaction.

Motivate Employees

Refers to the process and strategies used by organizations to inspire and encourage workers to exceed minimum standards and achieve their fullest potential.

Canadian Charter

Refers to the Canadian Charter of Rights and Freedoms, a portion of the Constitution Act, 1982, which protects the civil rights of people in Canada from policies and actions of all levels of government.