Reference no: EM132741872

Problem 1: The Bank Reconciliation Reports details include:

a. List of cleared cheques and payments

b. List of cleared deposits and credit

c. List of uncleared cheques and payments

d. All of the above

Problem 2: You can transfer funds between most balance sheet accounts in your chart of accounts (except between A/P and A/R accounts).

• True
• False

Problem 3: To track reimbursable expenses and time you can use one or more transaction types. Which one of the following transactions is not likely to be considered;

a. Weekly timesheets

b. Single Time Activity

c. Invoicing

d. Expenses