Microsoft
MB3-701 · Question #64
You click the Reconcile button to complete a bank reconciliation. Which two actions occur next? (Each correct answer presents a complete solution. Choose two.)
The correct answer is B. Adjustment transactions are recorded, but do not post. D. Cleared transactions are marked as reconciled. See the full explanation below for the reasoning.
Question
You click the Reconcile button to complete a bank reconciliation. Which two actions occur next? (Each correct answer presents a complete solution. Choose two.)
Options
- AIf the adjusted bank balance and the adjusted book balance do not match, an automatic
- BAdjustment transactions are recorded, but do not post.
- CIf the adjusted bank balance and the adjusted book balance match, the reconcile completes.
- DCleared transactions are marked as reconciled.
How the community answered
(43 responses)- A9% (4)
- B72% (31)
- C19% (8)
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