What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.

Question 1 options:

posted payments on credit cards


bank errors


outstanding deposits


service charges


recorded checks


outstanding checks

Answers

Answer 1

Answer:

outstanding deposits, outstanding checks, posted payments on credit cards

Explanation:

Answer 2

Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.

What information does a bank statement provide?

Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.

Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.

Thus, the ideal options are B, C, D, and F.

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Related Questions

Do anybody live in Las Vegas

Answers

A lot of people do :)

Select the correct answer.
A restaurant manager reads a study on the health habits of the local community. However, he wants to validate this information with an internal secondary data source. Which of the following should he consult?

A. a census bureau report
B. newspaper articles from a national source
C. market research study
D. his company’s financial statements
E. networking contacts

Answers

Answer: C

Explanation: An internal source to validate the data is a marketing research paper that the business has already completed.

Answer:

C

Explanation:

right on edmentum

Mary was recently hired at Marshall Industries as a repairperson. Upon starting her new job, she was informed that if she chose not to join the union representing her fellow repair workers, she would still have to pay a fee to the union. Apparently, Marshall operates under a(n)__________.A. illegal arrangement, since nonmembers can never legally be required to pay fees to unions.B. closed shop agreement.C. union shop agreement.D.agency shop agreement

Answers

Answer:

D.agency shop agreement

Explanation:

Agency shop agreement is one where a company or employer is allowed to employ both union and non-union workers. This does not affect existence of the Union.

The employees who are non-union members however need to pay a fee for collective bargaining cost. This fee is called agency fee.

In the given scenario Mary chose not to join the union representing her fellow repair workers, she would still have to pay a fee to the union.

She is part of a agency shop agreement

When acting as a dual agent, a licensee shall not:
Select one:
a. Disclose all latent material defects in the property that are
known to the licensee.
b. Help the buyer compare financing alternatives.
C. Disclose the price the buyer or tenant is willing to pay
without the permission of the buyer or tenant.
d. Provide information about comparable properties that
have sold so both clients may make educated decisions on
what price to accept or offer.

Answers

Answer:

C. Disclose the price the buyer or tenant is willing to pay

without the permission of the buyer or tenant.

Explanation:

A Dual agent refers to one agent or an agency firm that represents both the buyers and seller in the same transaction.  An Agent may be licensed to act as a dual agent only with the written consent of both the buyers and seller.  The dual agent must do be neutral to both parties and must not disclose any confidential information to either party.

Which of the following statements about the admission process is FALSE?
A.
It is free.
B.
It requires information about yourself and your family.
C.
It may include a written essay.
D.
It may not the same thing as the scholarship application.

Answers

Answer:

B.  It requires information about yourself and your family.

Explanation:

Some economists believe that a sales tax increase affects which group the MOST?

Answers

Answer:

the lower class

Explanation:

they will lose money for necessities

Geographic names identify the place of a product as well as certain characteristics associated with the place.
True
False

Answers

this is a false statement

Changing the method of inventory valuation should be reported in the financial statements under what qualitative characteristic of accounting information

Answers

Answer:

These are the answer choices for the question:

a. Consistency

b. Verifiability

c. Timeliness

d. Comparability

And this is the correct answer choice:

a. Consistency

Explanation:

Consistency is the qualitative characteristic of accounting information that allows an investor, a stockholder, or a government official, to look at accounting data and establish that the quantities presented are all obtained in a consisten manner depending on the type of account.

This means that if cash is resported in dollars, all cash and cash equivalents are reported in dollars, and that if inventory is reported under a specific system, if that system is changed at any point in the future, stakeholders are informed.

State incentives, and workforce and land availability and cost, helped convince Nissan to build a huge assembly plant in Canton, Mississippi. What kind of a benefit is this

Answers

Answer:

financial benefits

Explanation:

All of these factors that convinced Nissan to build its assembly plant are financial benefits. This is because each one of these factors provided Nissan with value whether that is by saving it money on its costs, providing resources such as workers or land, or even government benefits, they are all considered financial benefits because they bring value. This value is what helped convince Nissan to build in Canton, Mississippi since they would probably not have this value elsewhere.

How can the various templates that are available for new Word documents be accessed?

opening up an instance of Word
pressing CTRL+N with Word open
clicking File to enter Backstage View
all of the above

Answers

Answer: All of the above

Explanation:

When you open up Word newly, the available templates will be listed for you to choose one of your preference and if those are not enough, one can still get more online.

Pressing CTRL+N with Word open will also enable you to have access to the various templates. Finally, clicking File will enable you to enter Backstage View where you can then click on New to see the various templates.

Answer:

the answer is d) all of the above

Explanation:

An economy growing at a steady rate of 3 percent per year doubles in size approximately every __________ years.

Answers

Answer:

24

Explanation:

The rule of 72 can be used to calculate how many years it would take an economy to double given its growth rate

rule of 72 = 72 / growth rate

72 / 3 = 24 years

Which of the following LEAST affects the location of an industry

Answers

I’m confused what else goes with this question

Suppose the market wage is ​$400400 per day. How many workers should Sony hire to maximize​ profits? 55 workers. ​(Enter a numeric response using an​ integer.) If the market wage increases to ​$800800 per​ day, then Sony should hire 33 workers.

Answers

Explanation:

the optimum number of the worker is hired at marginal revenue product equal to the wage

wage=$900,

the firm should hire 5 workers

wage=1300

the firm should higher 2 workers

Go check out my Poshmark pls kawala101 I have name brand clothes on there for 6-10 dollars at the most and am open to negotiate lower prices

Answers

Ok...... I get your trying to get some money or whatever. But, this site is for academic purposes..... Not advertising. Lol.

Businesses buy Factors of Production from households. In which part of GDP would a firm purchasing a Factor of Production be considered?

A. Taxation
B. Investment
C. Government Spending​

Answers

Investment :)

I just got the same question hahah

how might a resent college graduates investment portfolio differ from someone who is nearing retirement

Answers

Answer:

see below

Explanation:

Someone about to retire has more experience in investing, which will show in their portfolio. They have developed an investment strategy that guides them in making investment decisions. Consequently, they have a justification for investing in a particular asset and have an estimate of how much returns to expect. Some about to retire will have a huge and profitable portfolio.

A recent college graduate will want to try their hand at almost every investment opportunity. They have not developed a clear investment criterion. They do not allow their investment time to generate expected returns as they are always in a rush to make profits. Due to their inexperience, their portfolios are full of many transactions that yield little profits and losses.

Which region is marked with the letter B?

A map of Africa divided into 6 regions. 4 regions are labeled A, B, C, and D. Region A has countries Madagascar, Rwanda, Tanzania, and Kenya. Region B has the Democratic Republic of the Congo, Angola, Cameroon, and Chad. Region C has Nigeria, Niger, Liberia, and Mali. Region D has Egypt, Algeria, and Libya.

Which region is marked with the letter B?

Southern Africa
Central Africa
West Africa
North Africa

Answers

Answer:

B

Explanation:

The region is marked with the letter B on the map of Africa in Central Africa. Central Africa includes countries such as the Democratic Republic of the Congo, Angola, Cameroon, and Chad. Hence option B is correct.

This region is characterized by its central location on the African continent and is known for its rich biodiversity, diverse cultures, and significant natural resources. It is geographically positioned between Southern Africa to the south, West Africa to the west, and North Africa to the north.

Central Africa plays a vital role in the continent's political, economic, and social dynamics, and is home to a wide range of ethnic groups and languages.

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when does the company go in loss​

Answers

When they spend more than they are able to pay back! Hope this helped! BRANLIEST plz!

Which federal legislation requires lenders to provide consumers with loan cost information?

Answers

Answer:

Consumer Credit Legislation.

Explanation:

Consumer credit legislation demands that lenders provide potential borrowers with one or more measures of the cost of a loan.

Answer: The truth in Lending Act

Explanation:

forces lenders to provide loan cost info

What would most likely happen if the value of the U.S. dollar fell?
A. Exports would become more expensive.
B. The United States would develop a trade surplus.
c. Imports would become more expensive.
D. The United States would develop a trade deficit.

Answers

Answer:

C

Explanation:

I just did it and got it right :))

If the value of the US dollar fell the imports would become more and more expensive Option(c) is correct.

What happens when US dollar fells?

When the value of US dollar fells it decline the purchasing power internationally which eventually move or translate to the consumer level.

A weak dollar will always increase the cost for importing the oil which lead to the increase in the oil prices so if US dollar fells the value or the amount of inflation will relatively be highly expensive.

Therefore Option(c) is correct.

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According to the video, what are some things Manufacturing workers can do to move up to supervisory and management positions? Check all that apply.
operating machinery
avoiding repetitive work
demonstrating knowledge
coming up with a better way to mass-produce a product
going to college
keeping machinery clean

Answers

Answer:

demonstrating knowledge

coming up with a better way to mass-produce a product

going to college

Explanation:

I got it wrong these are correct:(

The answers are /C, D, E/

                            /3, 4, 5/

                           "demonstrating knowledge",

                           "coming up with a better way to mass-produce a

                             product",

                           "going to college"

I want to give more credit to the other person for answering first, though

                                            You're Welcome.

Question 9 of 20
A person earns $40,000 per year. She deducts $2,000 for charitable
donations. She also receives a $3,000 tax credit.
How much taxable income does the person have?
A. $37,000
B. $38,000
C. $43,000
D. $40,000
SUBMIT

Answers

The net amount of taxable income for a person who earns $40,000 per year and deducts $2,000 for charitable donations will be $38,000.

What is taxable income?

The amount of income on which the payment of taxes is to be made to the federal or other such authorities for the time being in force, is known as taxable income.

Certain deductions are allowed in total income to compute the liability of the net taxable income. As per the given conditions, a deduction of $2000 can be claimed by the person on her total income of $40000.

Hence, option B holds true regarding the taxable income.

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7. Kraft Company expects to give a dividend of $2 next year. Dvidend increases by 4 per cent require a 12% return. What will be the price of Company A stock today and in three years based on the dividedn growth model

Answers

Answer:

$28.125

Explanation:

Dividend D1= $2

(Dividend is given at the end of 1 year)

Growth g= 4% or 0.04

Required Return r = 12% or 0.12

Step1- Share price of company A today

As per Dividend Growth Model

Share price =Expected dividend/(required return - growth rate)

S0 = Do(1+g) / (r-g)

S0 = D1/(r-g)

S0 = 2/(0.12-0.04)

S0 = $25

Therefore share price of company A today for given details will be $25

Step2 - Expected dividend at the end of 3 years

D4=D0(1+g)^4

( as we already have D1 which is one time growth multiplied, therefore to find dividend at the end of 3rd year we will multiply 1 Less growth multiplier to D1)

D4= D1(1+g)^3

D4 = 2(1+0.04)^3

D4 = $2.25

Step3 - Share price of company A in 3 year

Share price =Expected dividend/(required return - growth rate)

S3 = D4/(r-g)

S3 = 2.25/(0.12-0.04)

S3 = $28.125

Therefore share price of company A in 3 years for given details will be $28.125

Jessica wants to watch videos about careers in the construction field. Which resources would be helpful

Answers

Answer:

dozers.catpillers.and just anything with big equipments

Which term defines using currency derivatives to reduce potential currency risks due to currency exchange rate movement that could lead to losses for a firm?Which term defines using currency derivatives to reduce potential currency risks due to currency exchange rate movement that could lead to losses for a firm?Which term defines using currency derivatives to reduce potential currency risks due to currency exchange rate movement that could lead to losses for a firm?

Answers

Answer:

Hedging

Explanation:

The term that defines using currency derivatives to reduce potential currency risks due to currency exchange rate movement that could lead to losses for a firm is known as Hedging. Hedging is a financial strategy in which an equal and opposite position is undertaken in the financial portfolio which offsets the risk and prevent loss from any adverse movement in the price of the underlying assets.

Roll over the items and match the examples to the sales promotion type. also match the advantages and disadvantages to each sales promotion type.

Answers

Incomplete question. The complete question reads;

Sales promotion types: (i) Coupon, (ii) Premiums, (iii) Contests, (iv) Sweepstakes, (v) Samples, (vi) Loyalty Programs, (vii) POP Displays, (viii) Rebates.

The items are -Buy 9, get the 10th one free, -50-yard dash around the store, -Win a trip to the Olympics, -Free keychain, -20% Off Samples, -Ride the bike around the lot, -Cash register, -Mail-in for $20 off

Explanation:

(i) Coupon ⇒ -20% Off Samples

(ii) Premiums ⇒ -Mail-in for $20 off

(iii) Contests ⇒ Win a trip to the Olympics

(iv) Sweepstakes ⇒ -20% Off Samples

(v) Samples ⇒ Ride the bike around the lot

(vi) Loyalty Programs ⇒ Mail-in for $20 off

(vii) POP Displays ⇒ -Cash register

(viii) Rebates ⇒ Buy 9, get the 10th one free

According to the Phillips Curve, the greater the aggregate demand for goods and services, the greater the economies output and the higher the overall price level. As such, higher levels of output result in _____________ levels of unemployment quilzet

Answers

Answer:

Lower

Explanation:

If aggregate demand increases, then there will be a decline or decrease in unemployment in any country, even as more workers are hired, real GDP output and price level increases.

Phillips curve is simply a curve that depicts the short-run trade-off between inflation and unemployment.A decrease or a low unemployment correlates with high aggregated demand.

When there is a raise in aggregate demand = higher output + higher price level

On the Phillips curve, more GDP simply means less unemployment and higher price level.

how do contact list differ from an address book

Answers

Answer:

they don't really differ, a contact list is justa digital adress book

Explanation:

Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays and double time on Sundays. This week he worked his regular 40 hours plus 8 hours on Saturday and 7 hours on Sunday. What’s his total pay?

Answers

Answer:

$1,034.88

Explanation:

Aden  total pay will be

regular hours worked x regular pay

=40 hrs x $15.68

=$627.2

Overtime hours

Saturday rate :$15.68 x 1.5 =$23.52

Hours worked on Saturday= 8 hrs

Saturday pay = $15.68 x 8

=$188.16

Sunday rate :  $15.68 x 2= $31.36

Hours worked on Sunday = 7

Sunday pay = $31.36 x 7

=$219.

Total pay  =$627.2 + $188.16 +$219.52

=$1,034.88

Bridget has an investment portfolio that includes an equity REIT. Which of these is most likely to be part of the REIT’s investment?

Answers

Answer:

The description including its question throughout the discussion is summarized throughout the explanatory section below.

Explanation:

Equity REITs put more money throughout income-producing or employment assets or something like a general merchandise department center. Agricultural land also seems to be unlikely to produce tax revenue, as well as equity REITs, are unlikely to be successful throughout mortgage debt. That seems to be the responsibility including its REITs.
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