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andreev551 [17]
3 years ago
9

True or false: The adjusted book balance and the adjusted bank balance must equal each other on a bank reconciliation; otherwise

, the cash account is not reconciled.
Social Studies
1 answer:
Sonbull [250]3 years ago
7 0

Answer:True.

Bank reconciliation is the process of matching cash statement to the corresponding bank statement.The aim is to detect disparities in both balances and make the necessary adjustments.

At the end of the reconciliation process,adjusted cash and bank balances must be equal.Inequlity of these two statement means there are still figures that needs to be adjusted, hence,the accountant should do a thorough investigation to discover the reason for the inequality in both balances

Explanation:

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Mary Ellen is taking a personality test at her college’s career counseling office. This test is not the MMPI. What form of quest
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Answer:

A). Likert scales.

Explanation:

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3 years ago
What is a physical characteristic or a behavior that helps the animals to survive?
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Explanation:

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3 years ago
Match each current trend in the global economy with one of its economic
Pachacha [2.7K]

The question is jumbled. The clear question is as following:

Match each current trend in the global economy with one of its economic effects.

A. Infrastructure development  - 1. Economic growth in developing countries

B. Industrialization  - 2. Outsourcing in the high-tech industry

C.  Increased communication - 3. Greater mobility of goods and labor

D.Trade Liberalization - 4. Improved production and transportation

Answer:

A. Infrastructure development- 4.Improved production and transportation

B. Industrialization  - 1. Economic growth in developing countries

C.  Increased communication - 2. Outsourcing in the high-tech industry

D. Trade Liberalization - 3. Greater mobility of goods and labor

Explanation:

A. Infrastructure development leads to improvement of production and transportation with the goal of sparking economic growth and improvements in quality of life.

B. Industrialization is related to economic growth in developing countries. It is the trend that causes social and economic change that transforms a human group into an industrial society.

C.  Increased communication include high-tech manufacturing that improves the communication and data transmission which is directly linked to a country's economy. Digitization is one of the example of this economic trend. it also include development of high-tech commercial computer products such as electron tubes, fiber optics cables,  and circuit boards.

D.Trade Liberalization allowed greater mobility of goods and labor across the world. Movement of goods and labors has increased the competition in the market and it is a threat to developing nations as they need to compete with stronger economies in the same market.

Hence, the correct matches are:

A. Infrastructure development- 4.

B. Industrialization  - 1.

C.  Increased communication - 2.

D. Trade Liberalization - 3.

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