In Reconciling a Bank Statement,which of the Following Items Could

question 187

Multiple Choice

In reconciling a bank statement,which of the following items could cause the cash per the bank statement to be greater than the balance of cash shown in the depositor's accounting records?

• A)An outstanding check
• B)A check returned to the depositor marked NSF
• C)Check 457 written for $643 was recorded by the depositor as $463
• D)A bank service charge

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Definitions:

Order Costs

Expenses associated with placing and receiving orders, often including shipping, handling, and procurement expenses.

Retailer

A business entity that sells goods to consumers for personal or household use, varying from small shops to large chain stores.

Hybrid Strategy

A competitive strategy that combines elements of both cost leadership and differentiation to create a unique market position and appeal to a broad range of customers.

Near-Sourcing

The practice of transferring a business operation closer to where products are sold or where the business is located, often to reduce lead times and costs.