Which of the following terms refers to the accounting process that identifies the causes of all differences between book and bank balances?
A. Float
B. Reconciling
C. Charge back
D. Clearing house
Answer: B
You might also like to view...
Once the validity of the measurement model has been established, you can proceed with the
specification of structural model. Indicate whether the statement is true or false
________ occurs when (1) a certificate of limited partnership is not properly filed, (2) there are errors in a certificate that is filed, or (3) some other statutory requirement for the creation of a limited partnership is not met.
A. Improper partnering B. Defective formation C. Deformation D. Scrivener mistake
Unless the parties agree otherwise, the credit period begins to run from the time the goods are
shipped. Indicate whether the statement is true or false
The Commerce Clause in combination with the __________ limits the power of the states to tax
a. Fifth and Fourteenth Amendments b. Equal Protection Clause of the Fourteenth Amendment c. Takings Clause d. Import-Export Clause