The Wesley Chapel reconciliation has this item: service fee not recorded. Which administrative response is appropriate?
Correct Answer
D) bank-charge entry
Bank reconciliation review should identify stale checks, missing postings, and bank charges for correction.
Why This Is the Correct Answer
Bank reconciliation review should identify stale checks, missing postings, and bank charges for correction.
Why the Other Options Are Wrong
Option A: insurance certificate scan
insurance certificate scan puts the item in the wrong financial bucket, timing, base, or comparison for bank reconciliation control.
Option B: owner punch item
owner punch item puts the item in the wrong financial bucket, timing, base, or comparison for bank reconciliation control.
Option C: fuel tax memo
fuel tax memo puts the item in the wrong financial bucket, timing, base, or comparison for bank reconciliation control.
Memory Technique
Bank Reconciliation ledger for Bookkeeper Clears: put review in the right drawer.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Bank Reconciliation Review; use the stated business record or control rule to verify the answer.
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