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When opening a bank account is important to review?
There are many things which are important to review when opening a bank account.
What Need and importance of bank reconciliation statement?
* Bank reconciliation statement ensures the accuracy of the balances shown by the pass book and cash book. * Bank reconciliation statement provides a check on the accuracy of entries made in both the books. * Bank reconciliation statement helps to detect and rectify any error committed in both the books. * Bank reconciliation statement helps to update the cash book by discovering some entries not yet recorded. * Bank reconciliation statement indicates any undue delay in the collection and clearance of some cheques.
Definition of accounting accuracy?
Accounting accuracy is partially a myth. Accuracy can just mean precise down to the penny with no particular reference to anything. If the accounting number says you have $1M bucks but you have none then it is inaccurate. For something like the VALUE of inventory it is very difficult to say what the correct value is. Even it you say it is the market value -- which market? on what day? Accounting accuracy is a term used to make seemingly precise numbers seem more important than they really are. Accuracy can mean a good predictor for some future event. However, most accountants do NOT take responsibility for predicting the future ... so it is primarily a by word to make the accounting numbers seem important.
Liase with bank on day to day bank transactions?
It is important to liaise with your bank on day to day bank transactions. This will be very useful for purposes of reconciling your records with those from the bank.
What are the features of commercial bank?
The main feature of a commercial bank is to provide security for the holding of peoples money. Another important feature of the commercial bank is to lend money.
How important is accuracy on a balance sheet?
There is no tolerance for errors at all. So the accuracy is expected to be absolute.
Quality and accuracy are not important to scientists.?
No. Quality and accuracy are incredibly important to scientists. If an experiment is not performed with quality and accuracy it is not valid. However, if accuracy is not especially important, possibly because the result will be the same, then it can be ignored.
Bank examiners are?
Bank examiners typically have the job of auditing accounts for accuracy.
Why are copying procedures so important?
To ensure the accuracy and reliability of the copied material(s)
Why was the creation of a national bank important to the U.S. economy?
Why was the creation of a national bank so important to the U.S economy?
Why was the creation of a national bank so important to the U.S economy?
The national bank controlled the money supply
Why was the creation of a national bank so important to the economy?
The national bank controlled the money supply
Why was the creation of a bank so important to the us economy?
The national bank controlled the money supply
Why is the bank routing number so important?
it shows how much extra money the bank can get from your acount
Where is accuracy important?
When you are shooting at something :-)
Why was the creation of a national bank so important the Us economy?
The national bank controlled the money supply
Why Was The Creation Of The National Bank So Important To The U.S Economy?
The national bank controlled the money supply
