value 2.00 points The principal reason for reconciling the cash balance per books with the balance shown on the bank statement is to O verify the amount of petty cash on hand. O determine whether or not the entity has issued an NSF check O determine the amount of cash in the account actually available to the entiry. satisfy generalty accepted accounting principles. O Type here to search 14. 200 points value: The current assets of most companies are usually made up of O assets that are currently used in the operations of the company O cash, marketable securities, and accounts and notes receivable. 0 a very small proportion (less than 10%) of the total assets of the entity. O cash and assets expected to be converted to cash within a year O Type here to search lo.2.00 points With respect to the write-off of an uncollectible account receivable against the allowance for bod debts, a sound system of internal control would O the write-off to be made within six months after the date of sale. O the write-off be approved by two employees O a lawsuit to be initiated to recover the uncollectible amount O an investigation of why credit was extended to this customer in the first place. O Type here to search e 40 2200 points The net book value of a depreciable asset is: the amount for which the asset should be insured. O the difference between the asset's cost and depreciation expense O the fair value of the asset O the difference between the asset's cost and accumulated depreciation O Type here to search