题目内容

There are three parties to a check. The person or company to whom the check is paid is the:

A.maker.
B.payee.
C.draftee.
D.promissee.

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When preparing a bank reconciliation, which of the following items should be added to the book balance?

A.EFT receipts
B.Collection items
C.Deposits in transit
D.Both EFT receipts and collection items

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Deposits that have been recorded on the book, but have not yet been recorded by the bank are:

A.Nonsufficient funds deposits.
B.Electronic funds transfers
C.Deposits in transit.
D.Electronic funds deposits.

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When preparing a bank reconciliation, which statement is right?

A.deposits in transit are added to the bank balance.
B.service charges are subtracted from the bank balance.
C.outstanding checks are deducted from the book balance.
D.book errors are subtracted from the bank balance.

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The two most common types of fraud impacting the financial statements are:

A.fraudulent financial reporting and e-commerce fraud.
B.misappropriation of assets and embezzlement.
C.fraudulent financial reporting and misappropriation of assets.
D.cooking the books and fraudulent financial reporting.

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There are three parties to a check. The person or company to whom the check is paid is the:

A.maker. B.payee. C.draftee. D.promissee.

When preparing a bank reconciliation, which of the following items should be added to the book balance?

Deposits that have been recorded on the book, but have not yet been recorded by the bank are:

When preparing a bank reconciliation, which statement is right?

The two most common types of fraud impacting the financial statements are:

A.maker.
B.payee.
C.draftee.
D.promissee.