The Following Information Was Available to the Accountant of Midland

question 20

Multiple Choice

The following information was available to the accountant of Midland Company when preparing the monthly bank reconciliation: What is the corrected cash balance per books following completion of the reconciliation?

• A)$120.
• B)$430.
• C)$620.
• D)$645.

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Definitions:

Learning

A process that involves acquiring knowledge, behaviors, skills, values, or preferences through study, experience, or teaching.

Generalization

In psychology, generalization is the process by which an organism responds in the same way to different but similar stimuli.

Discrimination

Involves unjust or prejudicial treatment towards individuals or groups based on characteristics such as race, age, or sex.

Latent Learning

A form of learning that occurs without any obvious reinforcement of the behavior or associations that are learned, becoming apparent when there is an incentive to demonstrate it.