Which Type of Guard Shuts Down the Machine When the Guard

question 7

Multiple Choice

Which type of guard shuts down the machine when the guard is not securely in place?

• A) Fixed
• B) Interlock
• C) Adjustable
• D) Point

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Definitions:

Pre-Reconciliation Cash Balance

The cash balance reported in accounting records before adjustments are made for reconciling items in a bank reconciliation.

Outstanding Checks

Checks that have been written and recorded in a company's financial ledger but have not yet been cashed or cleared by the bank.

Deposits in Transit

Funds that have been deposited by a company but not yet recorded by the bank, often causing a discrepancy in the bank statement versus the company’s record.

Contra-Revenue Account

An account that is deducted from a company's gross revenue, which results in net revenue, examples include sales returns, allowances, and discounts.