The account balance provided by the bank should always agree with the account balance of the medical office checkbook ledger.

Question

Quizplus · Accepted Answer

The account balance provided by the bank may not always agree with the medical office checkbook ledger due to outstanding checks, deposits in transit, bank fees, or errors in either the bank's or the office's records. Reconciliation is necessary to identify and correct any discrepancies.

The Account Balance Provided by the Bank Should Always Agree