Final answer:
The statement is false; a medical assistant must be aware of all transactions, including deposits, checks, withdrawals, bank fees, and electronic transfers, when reconciling a bank statement.
Step-by-step explanation:
The statement that a medical assistant only needs to be aware of deposits and checks when reconciling a bank statement is false.
When reconciling a bank statement, it is important to account for all transactions that have occurred, including but not limited to checks, deposits, withdrawals, bank fees, electronic transfers, and other miscellaneous transactions that impact the account balance. Comparing the internal records of all these transactions against the bank's records ensures that the account is accurately represented and any discrepancies are identified and resolved.