Which of the Following Is NOT a Reason the Bank

question 47

Multiple Choice

Which of the following is NOT a reason the bank statement may not agree with the office record for a checking account?

• A) Not all the written checks have cleared the bank.
• B) There may be a fee for a returned check that has to be subtracted.
• C) There may be interest on the account that must be added to the balance.
• D) The office may have written more checks than usual during the month.

---

Definitions:

Long-Run Industry Supply Curve

A graphical representation showing the relationship between the price of a good and the total output of the industry over time, accounting for adjustments in all input factors.

Wrongful Act

An action that infringes on the rights of another, giving rise to a legal claim by the affected party.

Offense

An illegal act or crime; a breach of a law or rule.

Tort

A civil wrong or injury, other than breach of contract, for which the law provides a remedy.