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Case 6-1 Your Friend Jennifer Has a Lot of Experience with Merging

question 97

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Case 6-1
Your friend Jennifer has a lot of experience with merging form letters and data sources,so when you have an important project to work on like this,she is the person to whom you turn with your questions.Your first hurdle to get over is the creation of the data source.
-You are at home after having a quick tutorial with Jennifer about mail merges and you are looking over your notes.In your haste to write down everything she said,you think you have written something down incorrectly.Which of the following statements is NOT true?


Definitions:

Cash Account Balance

The amount of money available in a company’s or individual's cash account at a given time.

Cash Receipts

Money received by a business during a given period, including cash sales, received payments on accounts receivable, and other cash inflows.

Cash Payments

Payments made in the form of currency or check to settle a transaction or account.

Ledger

A comprehensive collection of a company's financial accounts where journal entries are summarized and recorded.

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