One of the fundamental problems for government is reconciling preferences because?

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rivermadds6108 rivermadds6108

26-07-2022
Social Studies

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One of the fundamental problems for government is reconciling preferences because?

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RELAXING NOICE

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tripatsingh039 tripatsingh039 · Answer 1 · 2022-08-02T10:16:43+02:00

One of the fundamental problems for government is reconciling preferences because a diversity of preferences is natural among men.

Reconciliation is a technique in accounting that analyzes two sets of records to ensure that the numbers are accurate and consistent.

Diversity and inclusion improve an organization's ability to be responsive to other traditions and ideas as well as its capacity to serve and protect people who have varied experiences or backgrounds.

Depending on whether an account is considered to be high, medium, or low risk, reconciliations are carried out daily, monthly, or quarterly. Cash, trade receivables, payables, and finance receivables are examples of common high-risk accounts.

Reconciliation of Bank Accounts Drawbacks

It can produce checks that, after being voided, pass through the bank.
It may issue uncleared checks that are not presented any longer.
It runs the danger of the dates the bank statement covers changing.
It opens the door for the return of deposited checks.

To know more about Reconciliation refer to: https://brainly.com/question/14985636

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