Examlex
Role plays are most effective when they include:
Outstanding Deposit
Funds that have been received but not yet processed by a financial institution.
Bank Statement Balance
The total amount of money that is available in a bank account at a particular point in time, as recorded by the bank.
Checkbook Balance
The current total amount of funds available in a checking account, reflecting all transactions that have been recorded in the checkbook ledger.
Bank Error
A mistake made by a bank in accounting transactions, deposits, withdrawals, or charges.
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