- The Bank Reconciliation test requires examinees to prepare a bank reconciliation by considering a variety of financial information. Specifically, examinees must consider a bank statement balance, a checkbook balance, and several transactions in order to determine appropriate amounts. This test measures basic mathematical ability and financial record keeping skills.
- Basic mathematic skill including addition, subtraction, multiplication, division and the use of decimals to reconcile a bank account.
- Ability to identify discrepancies between figures calculated in a reconciliation.
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