5. Test Your Knowledge 1-An analysis that explains any differences between the checking account balance according to the depositor's records and the balance reported on the bank statement is a(n): A. Internal audit B. Bank reconciliation C. Bank audit D. Trial reconciliation 2- A check that was outstanding on last period's bank reconciliation was not included with the cancelled checks returned by the bank this period. As a result, in preparing this period's reconciliation, the amount of this check should be: A. Added to the book balance of cash B. Deducted from the book balance of cash C. Added to the bank balance of cash D. Deducted from the bank balance of cash 3- The main principles of internal control include which of the following: A. Establish responsibilities B. Maintain minimal records C. Use only computerized systems D. Bond all employees Assidom