Examlex
Which of the following would be subtracted from the balance per bank on a bank reconciliation?
Foreseeable
Something that could reasonably be anticipated or expected to happen.
Non-Economic Damages
Compensation awarded in a lawsuit for losses that do not have a specific dollar value, such as pain and suffering or loss of companionship.
Product Liability
Refers to the legal obligation of sellers or manufacturers to compensate for injury or damage caused by defective or unsafe products.
Design Defect
A flaw in the intended design of a product that makes it unsafe for use or consumption.
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