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What is a bank reconciliation statement? Why is it prepared?

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Important Questions on Bank Reconciliation Statement

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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What is informal communication?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
State the meaning of principles of management.
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
Briefly explain the term 'favourable balance as per cash book'.
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
Explain the relationship between the marginal products and the total product of an input.
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
Which function of management involves developing an organizational structure and allocating human resources?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What does it mean to issue debentures at a discount and redeemable at a premium?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What is the total product of an input?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What is a bank overdraft?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
Which management concept ensures that each employee has only one direct supervisor?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What is meant by a debenture?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What is the law of diminishing marginal product?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What is meant by recruitment? How is it different from selection?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What is the meaning of ‘Debentures issued as a collateral security’?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to a local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
State the causes of difference occurred due to time lag.
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What does ‘Issue of debentures for consideration other than cash’ mean?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
State the need for the preparation of bank reconciliation statement.
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
Briefly explain the statement 'wrongly debited by the bank' with the help of an example.
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
What does a bearer debenture mean?
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Accountancy>Financial Accounting-I>Bank Reconciliation Statement>Basics of Bank Reconciliation Statement
Explain the concept of a production function.