Which Role Do Properly Linked Accounts Not Perform for a Purchase

question 26

Multiple Choice

Which role do properly linked accounts not perform for a purchase invoice -

• A) allow all subsidiary ledgers to be updated with one amount
• B) allow HST to be recorded
• C) allow freight expense to be recorded
• D) allow purchase discounts to be recorded

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Definitions:

Libel Per Se

Libel per se is a false and defamatory written statement that damages someone's reputation without the need for plaintiffs to prove actual harm.

Defamation

A false statement presented as fact that causes injury or damage to the reputation of the person or entity it is made about.

Loss of Income

the reduction or complete cessation of income resulting from employment termination, disability, or other factors preventing an individual from working.

Compensatory Damages

Compensatory damages are a monetary award given to an injured party in a lawsuit to compensate for actual losses or damages incurred.