Which of the following statements is not true? a. selecting the best equipment requires understanding the specific industry and available processes and technology. b. selection of a particular process strategy requires decisions about equipment and technology. c. adding flexibility to the production process can be a major competitive advantage. building flexibility into a production process is usually inexpensive, but difficult. d. the selection of equipment requires considering cost, cash flow, market stability, quality, capacity, and flexibility.

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.