Encryption Is a Process by Which Electronic Information Is Changed

question 49

True/False

Encryption is a process by which electronic information is changed into an unreadable form before electronic transmission.

---

Definitions:

Bank Statement Adjustment

Amendments made to the balance as shown by the bank statement to reflect accurate entries for transactions not yet recorded.

Deposit In Transit

Funds that have been deposited by a company but not yet recorded by the bank.

Bank Reconciliation

Aligning an organization's cash account records in its accounting books with the relevant details found in a bank statement.

Bank Statement Adjustment

The process of reconciling differences between the balance shown on a bank statement and the amount shown in a company's financial records.