Week 4 course 4

Question 1

Which of the following are types of source documents that might be needed to perform a vendor account reconciliation?

Answer 1

Order Reciept,Invoices,credit card statement Bank Statement

Question 2

True or False: All accounts can be reconciled.

Answer 2

True

Question 3

Name 3 errors

Answer 3

Error of Commission,Error of Omission,Error of Original Entry