A bank confirmation contains which of the following two parts? 1. A part that seeks information on the client's deposit balances, the existence of loans, due dates of the loans, interest rates, dates through which interest has been paid, and collateral for loans outstanding. 2. A part that contains a listing of the last checks issued near year end. 3. A part that seeks information about any loan guarantees. 4. A part that lists all transfers between the company's bank accounts for a short period of time before and after year end.

A bank confirmation contains which of the following two parts?
1. A part that seeks information on the client's deposit balances, the existence of loans, due dates of the loans, interest rates, dates through which interest has been paid, and collateral for loans outstanding.
2. A part that contains a listing of the last checks issued near year end.
3. A part that seeks information about any loan guarantees.
4. A part that lists all transfers between the company's bank accounts for a short period of time before and after year end.




a. 1 & 2.
b. 1 & 3.
c. 2 & 3.
d. 2 & 4.
e. 3 & 4.







Answer: B


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