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Eduardwww [97]
3 years ago
7

A bank reconciliation is a(n) ______. Multiple choice question. internal report prepared to verify the accuracy of the voucher s

ystem external report prepared after the recording of adjusting entries and the preparation of financial statements internal report prepared to compare the company's cash records with the bank statement report prepared by the bank to independently verify the accuracy of the cash balance per the company's accounting records
Business
1 answer:
Rzqust [24]3 years ago
6 0

A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.

Bank reconciliation is the way in which the bank  balance is compare with cash balance in order to detect and rectified  any discrepancies or error.

Important of Bank reconciliation includes:

• It enables company's or organizations to know the actual position of their  bank balanc

•It help to detect errors

•It help to detect  fraud

•It help to prevent fraud

•It help to prevent embezzlement of money.

•It help to verify the accuracy of both the bank balance and the cash balance.

Inconclusion A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.

Learn more here:

brainly.com/question/15525383

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Documents in a voucher system
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Answer: 1 E, 2 C, 3 A, 4 F, 5 D, 6 B

Explanation:

Purchase requisition - A document used by department managers to inform the purchasing department to place an order with a vendor.

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4 0
4 years ago
Compare the applications below: Candy Crush: Allows gamers to advance to the next level once a goal is met DuoLingo: Allows user
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Answer:

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4 0
3 years ago
Productivity is a measure of:
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lilavasa [31]

Answer:

The options which is NOT correct is C.

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Explanation:

Inflation refers to the overall increase in prices of goods and services and the erosion of the power of the currency to purchase those goods and services. In otherwords, when inflation happens, one requires more dollar bills to purchase same unit of goods or services.

Deflation is the opposite of inflation. It refers to the decrease in the prices of goods and services and is usually accompained by an increase in the purchasing power of the currency.

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Cheers!

             

4 0
3 years ago
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