Bookkeeping Controls & Reconciliation
25 practice questions with explanations — 15 free to try
PassNova has 25 AAT Level 2 Accounting practice questions on Bookkeeping Controls & Reconciliation, each with a clear explanation. A 15-question taster is free with no sign-up; the full bank is part of PassNova Premium. Updated for 2026.
Bookkeeping Controls & Reconciliation: example questions & answers
2 worked examples with answers and explanations below. Try 15 AAT Level 2 Accounting questions free in the browser; the full 25-question Bookkeeping Controls & Reconciliation bank is part of PassNova Premium.
What is the main purpose of a bank reconciliation statement?
- ATo calculate the profit or loss made by the business for the period
- BTo agree the cash book balance with the bank statement balance✓
- CTo list all credit customers
- DTo record the depreciation charged on non-current assets during the year
Answer: A bank reconciliation explains the difference between the balance in the business cash book and the balance on the bank statement, confirming both records are correct.
When reconciling the bank, how are unpresented cheques (issued but not yet cleared) treated?
- AAdded to the bank statement balance in the reconciliation
- BDeducted from the bank statement balance✓
- CAdded to the cash book balance before reconciling
- DDeducted from the cash book balance when reconciling
Answer: Unpresented cheques have been recorded in the cash book but have not yet reduced the bank statement balance, so they are deducted from the bank statement figure in the reconciliation.