A ________ is a document explaining the reasons for the difference between a depositor's Cash account in the ledger and the depositor's cash balance in its bank account.

A) bank statement
B) deposit receipt
C) bank reconciliation
D) remittance advice


C) bank reconciliation

Business

You might also like to view...

The budget process involves doing all the following except:

A) establishing specific goals B) executing plans to achieve the goals C) periodically comparing actual results with the goals D) dismissing all managers who fail to achieve operational goals specified in the budget

Business

Why should a contract state that it reflects the entire agreement of the parties and can only be amended in writing signed by both parties?

What will be an ideal response?

Business

Herman Miller abandoned the use of rain-forest woods over the objections of customers and craftsmen

Indicate whether the statement is true or false

Business

A(n) ________ problem such as setting budgets for products is one that has some structured elements and some unstructured elements also

Fill in the blanks with correct word

Business