Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current month balance?

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1. Correct Answer: D

   Accounts not supported by subledgers and that require reconciliation using an account
   analysis method, such as prepaids, accruals, provisions, and reserves, are more challenging.
   A best practice for these types of accounts is to design formats that ensure a high quality
   reconciliation by guiding the user through the analysis they need to perform. With Format
   design, you can customize exactly what information must be included when reconciling items
   or balance explanations are entered.

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