On a bank reconciliation, deposits in transit are added on the bank side of the reconciliation

Indicate whether the statement is true or false

TRUE

Business

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One inland marine coverage form is the accounts receivable coverage form. In which of the following cases would the purchaser of this form (the insured) be indemnified through the coverage?

A) if the insured cannot pay amounts owed because the purchaser has become insolvent B) if the insured cannot pay amounts owed because the purchaser has incurred an insured physical damage loss C) if the insured cannot collect accounts receivable because of the destruction of records D) if the insured cannot collect accounts receivable because the purchaser extended credit to poor credit risks

Business

Key physical database design decisions typically do not include:

A) choosing the storage format for each attribute from the logical database model. B) grouping attributes from the logical database model into physical records. C) arranging related records in secondary memory so that individual and groups of records can be stored, retrieved, and updated rapidly. D) selecting media and structures for storing data to make access more efficient. E) conducting requirements structuring.

Business