1- Multiple Choice Question 107 A bank statement is a bill from the bank for services rendered. is a credit reference letter written by the depositor’ s bank.
shows the activity which increased or decreased the depositor’ s account balance.
lets a depositor know the financial position of the bank as of a certain date.
2- IFRS Multiple Choice Question 233 The principles of internal control activities are used in the internationally but not in the U. S. in the U. S. and Canada but not globally. globally. U. S. but not globally. 3- Multiple Choice Question 71 Postage stamps on hand are considered to be cash. petty cash.