AAT diagnostic test results
Here are the correct answers (marked in green and with a tick):
Question 9
Select the correct answer.
Does the following information needs to be included in a firm's clients' money records?
Details of all transactions on each client’s ledger account which will readily identify the balance held for each client and which will reconcile to the total of clients' money held in the client bank accounts.
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Yes
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No
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Explanation of the correct answer:
Here are your answers (those marked in red and a cross are incorrect):
Question 9
Select the correct answer.
Does the following information needs to be included in a firm's clients' money records?
Details of all transactions on each client’s ledger account which will readily identify the balance held for each client and which will reconcile to the total of clients' money held in the client bank accounts.
|
Yes
|
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No
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If you think there is an error in this question, please quote reference: 14179