O-LevelAccountingVerification of accounting records7707/12 · Oct/Nov 2017 · Q41 Mark

What is correct about a bank reconciliation statement? | | prepared by the bank | prepared by the trader | part of double entry book-keeping | |---|---|---|---| | A | no | yes | no | | B | no | yes | yes | | C | yes | no | no | | D | yes | no | yes |

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Ano yes no

Bno yes yes

Cyes no no

Dyes no yes

✓ Correct answer

A: no yes no

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Verification of accounting records and see which topics are most likely to come up next.

About this question

Topic: Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2017 Paper 1 Variant 2, question 4.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

What is correct about a bank reconciliation statement? | | prepared by the bank | prepared by the trader | part of double entry book-keeping | |---|---|---|---| | A | no | yes | no | | B | no | yes | yes | | C | yes | no | no | | D | yes | no | yes |

✓ Correct answer

Practise more questions on this topic

About this question

Related Accounting questions