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11. A remittance advice is: A. A bank statement. B. A voucher. C. An EFT. D. An explanation for a payment by check E. A
11. A remittance advice is: A. A bank statement. B. A voucher. C. An EFT. D. An explanation for a payment by check E. A cancelled check 12. The voucher system of control: A. Is a set of procedures and approvals designed to control cash receipts and the acceptance of obligations. B. Establishes proced ures for verifying, approving, and recording obligations for eventual cash disbursement. C. Establishes procedures for receiving checks for the sale of verified, approved, and recorded activities. D. Applies only when multiple purchases are made from the same supplier. E. All of these. 13. An analysis that explains any differences between the checking account balance according to the depositor's records and the balance reported on the bank statement is a(n): A. Bank reconciliation. B. Internal audit. C. Bank audit. D. Trial reconciliation. E. Analysis of debits and credits. 14. The maturity date of a note receivable: A. Is the day of the credit sale. B. Is the day the note was signed. C. Is the day the note is due to be repaid. D. Is the date of the first payment. E. Is the last day of the month. 15. On a bank reconciliation, an unrecorded debit memorandum for printing checks is: A. Noted as a memorandum only. B. Added to the book balance of cash. C. Deducted from the book balance of cash. D. Added to the bank balance of cash. E. Deducted from the bank balance of cash
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