THESE ARE ACCOUNTING MULTIPLE CHOICE QUESTIONS Please help m

**THESE ARE ACCOUNTING MULTIPLE CHOICE QUESTIONS**

Please help me with these, I don\'t know the answers.

3.)

Which of the following components of internal control consist of work performed by internal and external auditors?

A.

control environment

B.

control procedures

C.

monitoring of controls

D.

information systems

5.)

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

True

False

6.)

Which of the following items are reconciling items on the bank side of the reconciliation?

A.

bank service charge and correction of book error

B.

outstanding checks and correction of book error

C.

deposit in transit and NSF check

D.

deposit in transit and outstanding checks

Solution

5) A. Control Environment: The internal and external auditors both are required to assess the control Environment of an entity.

6) D. Deposit in transit and outstanding checks: These two things are accounted for in bank side.