The definition of Decision making means choosing among two or more alternatives.
<h3>What is decision making?</h3>
Decision making is the process someone make or select choice of action that he believes Is the best to follow. Decision making most times is use in conflict resolution and when there is need to make a choice. I'm conflict resolution, it help to make the right choice in order to bring about reconciliation and agreements between the individuals involved.
Therefore, The definition of Decision making means choosing among two or more alternatives, Thereby selecting a choice.
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The correct order to reconcile a monthly bank statement is:
- 1. Identify the bank statment balance then add any deposits in transit and subtract any outstanding checks.
- 2. Compute the adjusted bank balance.
- 3. Identify the company's book balance.
- 4. Add any unrecorded credit memoranda from the bank, interest earned, and errors understating the book balance.
- 5. Identify and list any unrecorded debit memoranda form the bank, service charges, and errors overstating the book balance.
- 6. Compute the adjusted book balance and compare it to the adjusted bank balace to verify equality.
<h3>What is a Bank Statement?</h3>
This refers to the financial record that contains the transactions in a bank account over a period of time.
Hence, we can see that a business owner must follow different steps when preparing a monthly bank reconciliation and they are shown above.
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Answer:
An event with a probability of 0 is Impossible. ✔
An event with a probability of 1 is Certain. ✔
Hope I have Helped ❤
Answer:
Purpose
Explanation:
Larissa was considering the purpose of her essay.
