Which Event Is Triggered Any Time You Enter or Update

question 51

Multiple Choice

Which event is triggered any time you enter or update data on a form?

• A)After Update
• B)After Enter
• C)After Change
• D)After Modification

Recognize the types of checks used by businesses, such as third-party checks, limited checks, and voucher checks.

Understand the importance of diversified banking practices to mitigate potential risks.

Understand the importance of recognizing and implementing specific security features in checks to prevent fraud.

Identify best practices in accepting checks to ensure their validity and protect against fraud.

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Definitions:

Periodic System

A method of inventory valuation for financial statements where purchases during the period are recorded directly to an inventory account and the cost of goods sold is determined at the end of the accounting period.

Purchase Discounts

A reduction in the purchase price, allowed by the seller to encourage early payment by the buyer.

Accounts Payable

An account representing the amounts a company owes to suppliers or creditors for goods or services received but not yet paid for, typically a current liability on the balance sheet.