In the Normal Operation of Business You Receive a Check

question 27

Multiple Choice

In the normal operation of business you receive a check from a customer and deposit it into your checking account. With your bank statement you are advised that this check for $425 is "NSF". The bank also informs you that due to the amount of activity on your business account the monthly service charge is $45. During a bank reconciliation:

• A) subtract both values from balance according to bank.
• B) add both values from balance according to books.
• C) add both values from balance according to bank.
• D) subtract both values from balance according to books.

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Definitions:

Persuasion

The process by which one person tries to change the belief, opinion, position, or course of action of another person through argument, pleading, or explanation.

Nonverbal Communication

The process of conveying a message without the use of words, which can include gestures, body language, facial expressions, and other visual cues.

Causal Analysis

The process of identifying and evaluating the factors that cause or contribute to a specific outcome or condition.

Attribution

The process of explaining one’s own behavior and the behavior of others.