Which one is not a safeguard for account reconciliation to avoid mistakes -
A) saving a reconciliation transaction before posting
B) printing the general ledger or bank transactions report for the bank account
C) using deposit slip numbers to clear transactions
D) naming and linking reconciliation accounts
Correct Answer:
Verified
Q2: The account reconciliation linked accounts -
A)identify appropriate
Q3: Which one of the following items may
Q4: All but one of the following are
Q5: To reconcile a cheque on a deposit
Q6: Which one of the following general statements
Q8: After adding all the prior outstanding transactions
Q9: You would use deposit reference no.when a
Q10: Which accounts may be set up to
Q11: Which one of the following general statements
Q12: When should you not display and print
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