A Check for $236 Is Incorrectly Recorded by the Company

question 72

Multiple Choice

A check for $236 is incorrectly recorded by the company as $263.On the bank reconciliation,the error would

• A)appear as a deduction of $27 from the balance per books.
• B)appear as an addition of $27 to the balance per bank.
• C)appear as a deduction of $263 from the balance per books and an addition of $236 to the balance per bank.
• D)appear as an addition of $27 to the balance per books.

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Definitions:

Null Hypotheses

The default position that there is no relationship or effect between the variables being studied, serving as a starting point for statistical testing.

Alternative Hypotheses

A statement in hypothesis testing that is directly opposed to the null hypothesis, suggesting there is statistical evidence of an effect.

Weight Loss Strategy

A plan or approach designed to achieve a reduction in body weight, typically involving diet, exercise, or other lifestyle changes.

P-Value

In hypothesis testing, the probability of observing the test results, or more extreme results, if the null hypothesis is true, used to determine statistical significance.