It Is Good Practice to Place Comments Containing Overall Documentation

question 71

Multiple Choice

It is good practice to place comments containing overall documentation and information before the ____ statement.

• A) Sub
• B) Supplement
• C) Public
• D) Rem

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Definitions:

Endorses

Supports or approves of something or someone.

Financial Records

Documents that contain detailed information about the financial activities and position of an individual or organization.

Monthly Statement

A detailed report sent monthly, summarizing financial transactions, balances, and other relevant information for a specific account.

Reconciliation

A comparison of the office’s financial records with bank records to ensure that they are consistent and accurate; usually done when the monthly checking account statement is received from the bank.