Answer:
Deposits in transit
Explanation:
A company's deposit in transit is the currency and customers' checks that have been received and are rightfully reported as cash on the date received, and the amount will not appear on the company's bank statement until a later date. A deposit in transit is also known as an outstanding deposit.
When there is a deposit in transit, the amount should be listed on the company's bank reconciliation as an addition to the balance per bank.
<span>they meet the needs of custmers while meeting satutory and regulatory requieremnts related to a product or program. ISO 9000 deals with the fundamentals of quality managements systems, including the seven quality managements principles upon which the family of standards is based.</span>
Answer: falls, because one unit of currency buys fewer ice cream cones.
Explanation: An inflation would occur if the price of the ice cream cone increases, as a unit amount of money would only be able to buy a fewer amount of ice cream cone.
An inflation is the rise of price of commodities in a market which leads to a direct fall in monetary value in that economy.