When Preparing a Bank Reconciliation,which of the Following Items Should

question 45

Multiple Choice

When preparing a bank reconciliation,which of the following items should be added to the book balance?

• A)EFT receipts
• B)Deposits in transit
• C)Collection of note receivable by bank
• D)Both EFT receipts and collection of note receivable

Comprehend the flow of materials, labor, and overhead costs in manufacturing environment.

Identify and explain the roles of various documents and records in cost accounting.

Calculate the cost per unit and total cost for completed jobs.

Recognize how manufacturing overhead is applied and the relevance of the predetermined overhead rate.

---

Definitions:

Oranges

A citrus fruit rich in vitamin C, grown in warm climates, and consumed either fresh or in juice form.

Peaches

Edible juicy fruits with fuzzy skins and a sweet taste, often grown in temperate regions.

Absolute Advantage

The skill of a person, business, or nation to generate a product or offer a service more affordably per unit than any other competitor.

Cell Phones

Portable electronic devices used for communication purposes.