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What are the types of errors you would notice while doing a Bank Reconciliation Statement?
NSF Cheques Deposits in Transit Outstanding Cheques Bank Service Fees Various types of Cheque Errors Interest Payments
Which 3 words best describe audit plan?
The three words that best describe an audit plan are "systematic," "comprehensive," and "risk-based." A systematic approach ensures that all necessary procedures are followed, while being comprehensive guarantees that all relevant areas are covered. A risk-based focus prioritizes resources and attention on the areas with the highest potential for issues or errors.
What are the Errors that effect a trial balance?
Errors of Omission Errors of Commission Reversal of Entries Errors of Principle Errors of Original Entry Compensating Error these errors can be fount by a trial balance Wrong Casting Posting to the Wrong Side Posting Wrong Amounts Double Posting in a Single Account Errors of Totalling and Balancing of Accounts in the Ledger
What are three methods of collecting insurance payments?
Three methods for collecting payments: 1. Patient pays in full and fi les an insurance claim. Some medical offices require patients to pay the full amount of their bill at the time of the visit. These offices provide the patient with an encounter form that includes the information required in order to fi le a claim with an insurance plan. 2. Patient pays, but the medical office fi les the claim form. Some medical offices file claims for patients. In this case, the patient may be required to pay at the time of the visit, and the insurance plan reimburses the patient. This idea is gaining in popularity because billing errors are reduced, and physicians may be paid sooner for their services. 3. Insurance plan pays medical office; the patient pays remainder. Most medical offices fi le the insurance claims, accepting "assignment of benefits" for at least some of the insurance plans. Payment is then sent directly to the doctor. When the insurance check arrives, the patient is responsible for any portion not covered by the insurance plan.
Errors not revealed by trial balance?
Errors not revealed by trial balance?
Describe your system for controlling errors in your work?
When an interviewer asks you to describe your system for controlling errors in your work, they want to know if you are able to complete tasks accurately and pay attention to detail. Your answer should show that you can maintain accuracy as well as check for errors and explain how you do this.
How can a small business benefit from using a card swiper?
A small business can benefit from using a card swiper by accepting credit and debit card payments, increasing sales opportunities, improving customer convenience, and reducing the risk of fraud or errors associated with cash transactions.
What is the importance of using identification code when replacing units and components to meet manufactures specification?
Identify certain part to the right vehicleand to avoid any errors and major damage in the vehicle
What is the conlusion?
a conlusion is a to explain any possibl errors
What is conlusion?
a conlusion is a to explain any possibl errors
Why isn't the Mac accepting the disc?
If a Mac computer is not accepting a disc, check the disc for surface scratches. Superficial scratches can compromise the disc and result in errors. You will also want to be sure that the disc is compatible with Mac computers.
What steps do you take to amend a Catholic baptismal certificate that has errors?
You will have to take or send it to the church that issued it and explain what the errors are.
Explain the Concept of perceptual defence.What are the most common perceptual errors that you makehow does it operateHow can we reduce it?
Perceptual defense is when an individual simply refuses to see or accept an event as it happens. This concept can be defined as a coping mechanism to not deal with something negative. An example would be when someone dies and a family member can not accept it. It can be reduced by accepting what is happening.
What are the types of errors you would notice while doing a Bank Reconciliation Statement?
NSF Cheques Deposits in Transit Outstanding Cheques Bank Service Fees Various types of Cheque Errors Interest Payments
Explain how the program Setverexe is used in Windows 9xMe?
Used to fix incorrect dos version errors.
How do you answer Describe a system for controlling error in your work?
To control errors in work, it is usually advisable to have a process of doing crosschecks. Preparation before the work also minimizes errors.
Why does the check number matter when processing payments?
The check number matters when processing payments because it helps to uniquely identify and track each individual payment transaction. This can help prevent errors, ensure accurate record-keeping, and make it easier to reconcile accounts.
