Bank Rec Quiz

Bank Rec Quiz

Professional Development

7 Qs

quiz-placeholder

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Bank Rec Quiz

Bank Rec Quiz

Assessment

Quiz

Life Skills

Professional Development

Practice Problem

Easy

Created by

conor waddilove

Used 2+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 8 pts

Why do a bank rec ?

To monitor all bank accounts within our liquidations & receivership's

To detect any errors when a transaction is recorded

To give an up to date & accurate view of a bank balance

All the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

A transaction which has already been processed & gone through the bank account is a ...........

Daily Postings

Daily Transaction

3.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which of the following is a Daily Posting ?

Bank Charge

Funds Received

Invoice

4.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

A daily transaction is a payment that we request to be made

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

Which format do we usually use for daily postings ?

Direct Debit

SEPA

Standing Order

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Who do you send your completed bank recs to on a Friday ?

Steve

Lindsay

Paola

Wla

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Who was in a hospital bed on slide 11 ?

Dan

Cathal

Cian

Conor

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