Multiple choice technology packaged enterprise solutions

_____________report is used to reconcile the general ledger cash account to a bank statement balance

  1. A. AR Reconciliation

  2. B. AP Reconciliation

  3. C. GL Reconciliation

  4. D. Auto Reconciliation
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

GL Reconciliation report is used to reconcile the general ledger cash account to the bank statement balance. This process ensures that the company's internal records match the bank's records. AR (Accounts Receivable) and AP (Accounts Payable) reconciliation focus on those specific modules, while Auto Reconciliation is a process, not a report type.

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