Business, 08.09.2021 01:00 noahwaitsowl357

What is reconciliation in terms of a bank statement? 1. The process of reaching agreement between two opposing parties.

2. Comparing a bank statement to your own records to ensure that balances are correct, and there have not been any errors or fraud.

3. A process that is internal to the bank that cannot be done without access to internal bank records.

4. There is no such thing.

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What is reconciliation in terms of a bank statement? 1. The process of reaching agreement between...