An Analysis That Explains Any Differences Between the Checking Account

question 54

Multiple Choice

An analysis that explains any differences between the checking account balance according to the depositor's records and the balance reported on the bank statement is a(n) :

• A) Internal audit.
• B) Bank reconciliation.
• C) Bank audit.
• D) Trial reconciliation.
• E) Analysis of debits and credits.

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Definitions:

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