A Check for $342 Was Erroneously Charged by the Bank

question 77

True/False

A check for $342 was erroneously charged by the bank as $432. In order for the bank reconciliation to balance, you must add $90 to the bank statement balance.

---

Definitions:

Basic Beliefs

Fundamental principles or convictions that an individual holds to be true, often underlying their behaviors and attitudes.

Humanistic View

An approach that emphasizes the individual's inherent worth, potential for personal growth, and importance of human values.

Human Relations

The study and management of how individuals interact and communicate within a group.

Absolute Statements

Declarations or claims that are presented as completely final or true, without room for exceptions or flexibility.