What are 3 important reasons to reconcile bank and credit card accounts at set dates? a) To verify transactions have the correct date assigned to them
b) To verify that an account balance is within its credit limit
c) To verify that all transactions have been recorded for the period
d) To verify that previously reconciled transactions have not been changed since the last reconciliation
e) To verify that the bank has not lost its connection to QuickBooks Online

a) To verify transactions have the correct date assigned to them

c) To verify that all transactions have been recorded for the period

d) To verify that previously reconciled transactions have not been changed since the last reconciliation

Explanation:

It is very important that one reconciles their bank and credit card accounts and some of the reasons are;

To ensure that transactions occurred on the correct date. This is important because it ensures that fraud has not been committed and that transactions are being recorded accurately.

To ensure that all transactions for the period have been recorded. This is to ensure that the balance on the card is reflective of what has actually transpired in the period.

To ensure that the previously recorded transactions have not changed. This is done to ensure that you are not incurring any costs that yu may be unable to trace.

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explanation:

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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