When Preparing a Bank Reconciliation

question 82

Multiple Choice

When preparing a bank reconciliation:

• A)deposits in transit are added to the bank balance.
• B)service charges are subtracted from the bank balance.
• C)outstanding checks are deducted from the book balance.
• D)book errors are subtracted from the bank balance.

---

Definitions:

Information Technologies

Refers to the use of digital technologies, such as computers and the internet, to store, process, and transmit information.

Computer Capacity

The total amount of data storage, processing power, and memory a computer system can handle at one time.

24 Months

A time period equivalent to two years, often referenced in planning, warranty terms, or developmental milestones.

Strategic HR Operation

The process of aligning human resource activities and policies with the strategic objectives of an organization to achieve long-term goals.