Which of the Following Items Would Require an Adjusting Entry

question 116

Multiple Choice

Which of the following items would require an adjusting entry after preparation of the bank reconciliation?

• A) errors made by the bank revealed by the bank reconciliation
• B) all items on the bank's side
• C) errors made on the books revealed by the bank reconciliation
• D) outstanding checks

---

Definitions:

Projects

Undertakings with a defined start and end, aimed at achieving particular objectives within constraints such as budget, time, and resources.

Chief Financial Officer

A senior executive responsible for managing the financial actions of a company, overseeing financial planning, risk management, and financial reporting.

Corporate Controller

A senior executive who oversees the accounting and financial reporting functions within a company, ensuring accuracy and compliance with regulations.

Financial Decision Making

The process of making choices relating to investments, budgeting, savings, and spending with the aim of optimizing financial goals.