Answer:
B.
Explanation:
The benefits of bank reconciliation is to detect errors such as double payments, missed payments, calculation errors etc.
Therefore they will be no need for adjustment to be recorded for bank errors, outstanding checks, and deposits in transit.
Answer: Inventories and cost of goods sold.
Explanation:
Standard costing is used in accounting and it simply has to do with the substitution of the cost that's expected for a product with an actual cost when preparing financial statements.
The difference that's then between the actual costs and expected costs are then recorded as variance. It should also be noted that when a company prepares financial statements using standard costing, the items that are reported at standard cost will be Inventories and the cost of goods sold.
Collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like individual stocks than mutual funds?
The correct answer is an exchange-traded fund (ETF)
<h3>
What are exchange-traded funds?</h3>
ETFs, or "Exchange Traded Funds," as the name implies, are funds that trade in exchange-traded funds and typically track a particular index. Investing in ETFs gives you a bundle of assets that you can buy and sell during market hours. It has the potential to reduce risk and exposure while helping to diversify the portfolio.
ETFs have several advantages over traditional open-ended funds. The four main benefits are transaction flexibility, portfolio diversification and risk management, low cost, and tax benefits.
Learn more about securities exchanges here
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