In Which of the Following Real-Life Situations Would It Be

question 4

Multiple Choice

In which of the following real-life situations would it be useful to use a digital certificate?

• A) if you were submitting a paper to your professor
• B) if you were registering for an event
• C) if you were emailing a friend
• D) if you were signing a rental lease

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Definitions:

Accounts Payable

Liabilities owed by a business to its suppliers or vendors for goods and services received but not yet paid for.

General Ledger

A comprehensive set of accounts that records all financial transactions of a business, organized by account.

Subsidiary Ledger

A subsidiary ledger is a detailed ledger that contains account-specific information, supporting and connected to the general ledger for a comprehensive accounting system.

Sales Journal

A dedicated journal used to record a company's sales transactions, tracking the selling of goods and services.