Answer:
Option D. The deposits in transit are added to the balance per the bank statement, and outstanding checks are deducted from the balance per the bank statement during the bank reconciliation process.
Explanation:
The reason is that the bank balance as per business books are kept updated according to their knowledge of the transaction verified and bank keeps its business books updated according to its knowledge of the verified transactions.
When the customer presents the check to the business, the business increases its bank balance as per its books and at this point the bank doesn't know whether there is any monetary transaction actually taken place or not. So the bank hasn't altered the business bank balance in their books of accounts. This means the bank is overstated by the deposit in transit and for reconciliation sake we will have to add it to balance as per bank to tally it with the balance as per the business.
Similarly the Outstanding checks which is also known as unpresented checks are the money not yet withdrawn from the business bank account but is actually deducted from the bank balance as per the business books because the payments that the business makes actually records it. This means that the bank balance as per business books are lower than the balance as per the bank and for reconciliation sake we will have to deduct it from the balance as per bank to tally it with the balance as per the business.
Answer:
Secondary Market
Explanation:
Secondary market are referred to as stock market. All major stock exchanges are secondary market like New York Stock Exchange. In secondary market you can buy previously issued securities. Like in this question, these 300 shares will be sold to another investor in NYSE which is secondary market.
Answer:
The correct answer is: d) all data on the server must travel to the client for processing
Explanation:
This client server model has several advantages and disadvantages which are important to mention and know when establishing if it is what we need or if it suits what we are looking for.
Disadvantages
- It requires skill for a server to be repaired. For example, if a problem occurs on the network, someone with a large number of it is required to be able to repair it in its entirety in order to let the information and the proper functioning continue its flow.
- Another problem is security, the fact that information channels are shared between servers and clients require that they go through validation processes, that is, security protocols that can have some type of open door allowing physical damage, threats or attacks to be generated. of malware.
- This model represents an important limitation in terms of economic costs because these servers are high-level computers with specific hardware and software to enable our applications to function properly. Something important to note is that it is not only expensive to solve problems as mentioned before, but also has a high cost to replace components that are damaged.
