In Reconciling a Bank Statement,the Bank Balance Is $2,100,and the Checkbook

question 239

Multiple Choice

In reconciling a bank statement,the bank balance is $2,100,and the checkbook balance is $2,001.Which of the following is the most probable reason for the bank balance being larger than the book balance?

• A) There are outstanding checks.
• B) The bank has deducted certain amounts for bank service charges.
• C) A deposit in transit was made at the end of the month.
• D) The company erroneously recorded a check for an amount less than the actual amount.

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Definitions:

Projective Personality

A theory in psychology that assesses personality through the interpretation of ambiguous stimuli, revealing hidden emotions and internal conflicts.

Objective Personality

A method of assessing personality traits and behaviors using tests and tools that minimize subjective judgments and biases.

House-Tree-Person Test

The House-Tree-Person test is a projective psychological assessment that asks individuals to draw a house, a tree, and a person, with interpretations providing insights into their inner world.

Metaphors

Figurative language that identifies something as being the same as some unrelated thing for rhetorical effect, thus highlighting the similarities between the two.