Once a month, when the practice receives the monthly checking account statement from the bank, the statement should be compared with the office's financial records to ensure that they are consistent and accurate. This process is called ________.

Fill in the blank(s) with the appropriate word(s).


reconciliation

Reconciliation is the process of comparing the bank statement with the office's financial records to ensure that they are consistent and accurate.

Health Professions

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What will be an ideal response?

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What will be an ideal response?

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