Financial Documents
Quiz
•
Business
•
10th Grade - University
•
Practice Problem
•
Medium
Veola Stewart
Used 8+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bank reconciliation is a statement that is used to report and compare a bank and company account records.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bank Statement
Are the short term debts of a company
Shows the activities in each account on a regular basis or specific time frame
Used to make a payment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A petty cash receipt
the money kept in the til
the money kept in the account
Is issued for each payment from the fund
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Petty Cash
money kept on hand for paying small expenses
money in the bank
money in your personal bank account
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Electronic Funds transfer
Exchange of funds
Money saved in the bank account
exchange of money by sending bank records via a computer network
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The petty cash fund can not be replenished
True
False
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