What is reconciliation in terms of a bank statement? 1. The process of reaching agreement between two opposing parties.

2. Comparing a bank statement to your own records to ensure that balances are correct, and there have not been any errors or fraud.

3. A process that is internal to the bank that cannot be done without access to internal bank records.

4. There is no such thing.

Atennis club charges a monthly membership fee of $150 and charges it members $10 per hour to use a court. there's also $500 fee to become a member. stella joined the tennis club last spring, and she has been a member for 5 months. she has been playing 10 hours of tennis each month. stella values an hour of her time at $20. during a boring afternoon meeting, stella thinks about reserving a court to work on her serve for an hour tonight. what's stella's opportunity cost of working on her serve for an hour?