In the Reconciliation of the June Bank Statement, a Deposit

question 67

Multiple Choice

In the reconciliation of the June bank statement, a deposit made on June 30 did not appear on the June bank statement. In preparing the bank reconciliation, this deposit in transit should be

• A)subtracted from the unadjusted book balance.
• B)added to the unadjusted bank balance.
• C)subtracted from the unadjusted bank balance.
• D)added to the unadjusted book balance.

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Definitions:

Delphi Technique

A structured communication technique, originally developed as a systematic, interactive forecasting method which relies on a panel of experts.

Parliamentary Procedure

A comprehensive set of rules that prescribe how to take action on specific issues that come before a group.

Problem-Solving

The process of identifying a problem, devising solutions, and implementing an effective course of action.

Criteria Identification

The process of defining the standards or benchmarks that will be used to evaluate or assess something.