The Gulf Breeze operating account review finds this issue: unlisted outstanding check. Which administrative response is most appropriate?
Correct Answer
C) reconciliation correction
Bank account administration requires reconciliation correction and review separation when control issues appear.
Why This Is the Correct Answer
Bank account administration requires reconciliation correction and review separation when control issues appear.
Why the Other Options Are Wrong
Option A: delete bank record
delete bank record puts the item in the wrong financial bucket, timing, base, or comparison for bank review control.
Option B: close bid register
close bid register puts the item in the wrong financial bucket, timing, base, or comparison for bank review control.
Option D: waive insurance review
waive insurance review puts the item in the wrong financial bucket, timing, base, or comparison for bank review control.
Memory Technique
Account and administration point to different ledger roads for Owner Reviews.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Bank Account Controls; confirm the administrative procedure and required supporting record.
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