Which of the Following Items Are Reconciling Items on the Bank

question 213

Multiple Choice

Which of the following items are reconciling items on the bank side of the reconciliation?

• A) outstanding checks and correction of book error
• B) deposit in transit and NSF check
• C) deposit in transit and outstanding checks
• D) bank service charge and correction of book error

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Definitions:

Labor Force

The sum of individuals either holding a job or looking for work within a specific economic sector.

Agriculture

The practice of cultivating land and breeding animals to provide food, fiber, medicinal plants, and other products.

Technological Progress

The overall process of invention, innovation, and diffusion of technology or processes.

Farm Incomes

The earnings from agricultural activities, considering the revenue from crop and livestock sales minus production costs.