Question

Manually reconcile input and output batch totals.

A) Automated reconciliation of input and output batches.
B) Manual cross-checking of input and output totals.
C) System-generated reconciliation of batch figures.
D) Manually verify input and output batch sums.

Answer 1

Manually reconciling input and output batch totals means checking that the sums in records accurately reflect all transactions and the current account balance.

Step-by-step explanation:

When asked to manually reconcile input and output batch totals, the process involves manually verifying and cross-checking the totals of different batches to ensure they match. This can include confirming that the sums of exports, imports, and the balance tally up correctly in financial or inventory records. The goal is to confirm that the final balance number is accurately representing the current account balance, reflecting all transactions correctly.