If an Active Document Is Saved by Clicking the Save

question 8

True/False

If an active document is saved by clicking the Save button on the Quick Access Toolbar,Word opens the Save As dialog box so a new file name can be assigned to the document.

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Definitions:

Temporary Account

An account used in accounting that is closed at the end of each accounting period, transferring its balance to a permanent account.

Cash Sales

Transactions where payment for goods or services is made at the time of sale in cash or equivalent forms.

Credit Sales

Sales made by a business where payment is delayed, allowing the customer to purchase goods or services on account.

Accrual Basis

The Accrual Basis of accounting records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.