The edit check that verifies the ending balance of an account in fact fully reflects the beginning balance and all debit and credit entries made thereafter is referred to as a
A)run-to-run total.
B)completeness check.
C)closed loop verification.
D)zero balance check.

Question

Quizplus · Accepted Answer

A run-to-run total is used to ensure that the ending balance reflects all transactions by comparing the totals from one process to the next.

The Edit Check That Verifies the Ending Balance of an Account