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A-LevelAccountingReconciliation and verification9706/12 · May/June 2021 · Q51 Mark

Which statements about an unpresented cheque are correct? 1 It arises as the result of an error of omission. 2 It arises from a timing difference. 3 It is used when preparing a bank reconciliation statement.

A1 and 2
B1 only
C2 and 3
D3 only

✓ Correct answer

C: 2 and 3

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2021 Paper 1 Variant 2, question 5.

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