During Preparation of a Bank Reconciliation, Outstanding Checks Should Be

question 203

Multiple Choice

During preparation of a bank reconciliation, outstanding checks should be:

• A) Added to the balance per the bank statement.
• B) Deducted from the balance per the bank statement.
• C) Added to the balance per the depositor's records.
• D) Deducted from the balance per the depositor's records.

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Definitions:

Implicit Memories

Memories that influence our behaviors and thoughts without our conscious awareness, such as skills and conditioned responses.

Automatic Processing

The subconscious and effortless processing of information, which enables people to perform tasks without actively thinking about them.

Encode

The process of converting information into a particular form for efficient storage, processing, or transmission.

Explicit Memory

A type of long-term memory that involves conscious recall of facts and events.