To Cancel the Interest on an Overdue Invoice Amount After

question 30

Multiple Choice

To cancel the interest on an overdue invoice amount after creating a sales invoice for it,you should -

• A)open the adjust an invoice screen,click the Delete key and then choose the invoice for the interest charge
• B)create a new invoice for a negative amount to offset the interest amount
• C)reverse the invoice you created for the interest charge
• D)either a or c above

---

Definitions:

Aggregate Expenditure

The total amount of spending in an economy, consisting of consumer spending, investment, government spending, and net exports.

Marginal Propensity

The ratio of the change in an economic variable (such as consumption spending) to the change in another variable (such as income).

Planned Investment

Expenditures on capital goods by firms, intended to increase their future production capacity.

Marginal Propensity

The fraction of an additional amount of income that is spent on consumption.