Question

How would you check the accuracy of the opening balance of the most recent statement?(1 point)
Responses

subtract the ending balance of the last statement from the ending balance of the current statement
subtract the ending balance of the last statement from the ending balance of the current statement

verify that last month's ending balance equals this month’s opening balance
verify that last month's ending balance equals this month’s opening balance

reconcile last month’s statement against non-bank records
reconcile last month’s statement against non-bank records

add all of this month’s withdrawals to the ending balance
add all of this month’s withdrawals to the ending balance

Answer 1

verify that last month's ending balance equals this month’s opening balance