A check was written by a business for $507 but was recorded in the journal as $705. How would this error be included on the bank reconciliation?
A) a deduction on the bank side
B) an addition on the book side
C) an addition on the bank side
D) a deduction on the book side
B
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What did the first lie detector machine use as a criterion for detecting falsehood?
a. blood pressure b. skin changes c. eye movement d. breath rate
A 10-year bond with a $1,000 face value and 6% coupon rate is currently selling in the bond market for $700. Its current yield is
A) 6%. B) 7%. C) 8.6%. D) 10.6%.
Which of the following is true regarding the functioning of advertising agencies?
A. They are independent of the advertiser and have an outside viewpoint. B. They are under contract with one client at a time. C. They are large organizations employing many creative people. D. They are dependent on the advertisers and reflect only their viewpoint. E. They are not involved in planning and handling mass selling details for advertisers.
What is it called when each transaction, entity, and event is represented only once in the information?
A. Timeliness B. Accuracy C. Uniqueness D. Consistency