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Question 1 of 6
1. Question
Bank reconciliation and internal reconciliation are two different processes in SAP Business One.
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Question 2 of 6
2. Question
While reviewing the bank statement, you notice that a certain bank transfer amount is slightly different than the amount recorded in the ledger, due to rounding. How can you reconcile this record externally?
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Question 3 of 6
3. Question
What is the result of all types of bank reconciliation?
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Question 4 of 6
4. Question
The main purpose of bank reconciliation is to ensure all transactions performed in the bank are recorded in the accounting ledger.
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Question 5 of 6
5. Question
A bank reconciliation is performed before receiving the bank statement.
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Question 6 of 6
6. Question
Another name for bank reconciliation is external reconciliation.
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