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Ivenika [448]
2 years ago
5

For each timing difference​ listed, identify whether the difference would be reported on the book side of the reconciliation or

the bank side of the reconciliation. In​ addition, identify whether the difference would be an addition or subtraction. Timing difference Is book or bank affected? Is it an addition or subtraction? a. Deposit in transit b. Bank collection c. Debit memorandum fro
Business
1 answer:
Vilka [71]2 years ago
7 0

Answer:

Bank Reconciliation Timing Differences

a. Deposit in transit = bank affected = addition

b. Bank collection = book affected = addition

c. Debit memorandum fro = book affected = subtraction

Explanation:

These timing differences are the  issues usually identified when reconciling the periodic bank statement against the records of the business organization.  Some differences will require an adjustment of the cash account balance, like "b" and "c" above.  Other differences will require an adjustment of the bank statement balance.  These steps are taken to make the two accounts to agree, having discovered their discrepancies during the process of reconciliation.

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8 0
2 years ago
Which component of consumption has a negative or indirect relationship with consumption?
Sveta_85 [38]

Answer:

Interest rates

Explanation:

Here are the options to the question : o Interest rates o Real income Real income o Expected future income o Wealth

Disposable income is either saved or consumed. When interest rates fall, savings would fall as returns on investment would be lower and consumption would increase.When interest rates rise, savings would increase and consumption would fall

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2 years ago
A job advertisement reads as follows: "Wanted, bright young men to sell athletic club memberships. Interested applicants should
ohaa [14]

Answer:

The group of options for this question are the following:

A. Yes, the ad makes clear the type of employee sought.

B. No, it is not acceptable as it discriminates against female applicants and does not give sufficient information about the organization or job requirements.

C. No, it is not acceptable as it discriminates against female applicants.

D. Yes, it is acceptable but would benefit from more information.

The correct answer is B. No, it is not acceptable as it discriminates against female applicants and does not give sufficient information about the organization or job requirements.

Explanation:

The basic concept when the company considers the publication of a job offer to fill a position, is to find the best possible candidate, the most qualified for what is sought. For this, the development of the offer is very important, in what terms it is being proposed, to which applicants it is directed, etc. If the job offer is created properly, it will not only get the applicant to the most capable position, but it will do so in the shortest possible time.

An effective offer must have a title that appeals, that contains added value, either because it brings a certain prestige to the position, excellent conditions for it or the image of an important professional projection within the company. For this, in order to attract the candidate's attention to the position, the text of the offer must be close and pleasant, with respectful but appealing language.

8 0
3 years ago
An individual in the US wants to buy office equipment from England which costs 2,000 pounds. If the exchange rate is 1pound=$1.9
guajiro [1.7K]

<u>Given:</u>

Cost of the office equipment in pounds = 2000

Value of 1 pound in dollars as per exchange rate = 1.9

<u>To find:</u>

The cost of the office equipment in dollars

<u>Solution:</u>

If 1 pound is 1.9 dollars, then 2000 pounds will be as follows,

\Rightarrow\text{1 pound}\rightarrow\text{1.9 dollars}\\\\ \Rightarrow\text{2000 pounds}\rightarrow1.9\times2000 \text{ dollars}=3800 \text{ dollars}\\\\ \therefore \text{The value will be 3800 dollars}

So, the correct option is Option c, that is $3800.

8 0
3 years ago
What is network architecture?
Varvara68 [4.7K]

Answer:

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  I hope this answer helps you>>>>

4 0
3 years ago
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