Middle-Aged Adults Are Sometimes Called the __________ Generation Because They

question 38

Multiple Choice

Middle-aged adults are sometimes called the __________ generation because they carry both the care-giving responsibilities for their children and for their elderly parents.

• A)flip-flop
• B)sandwich
• C)reverse
• D)upside-down

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Definitions:

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those presented on a bank statement.

Safe Deposit Box

A secure container, usually found in banks or financial institutions, used for storing valuable possessions or documents.

Bank Statement Adjustment

The process of making changes to a bank statement balance to reflect transactions not yet recorded by the bank.

Outstanding Checks

Checks that have been written and recorded in the payer's records but have not yet been cashed or deposited by the payee.