Which One of the Following General Statements About Credit Cards

question 42

Multiple Choice

Which one of the following general statements about credit cards is correct -

• A)credit card payments must be entered in the receipts journal
• B)credit card receipts are deposited into the accounts receivable account
• C)credit cards sales do not involve any linked accounts
• D)the credit card discount fee is deducted from the receipts

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Definitions:

Medical Billing Programs

Software or systems designed to manage healthcare billing processes, including the submission and tracking of medical claims.

Capital Letters

Uppercase letters used to indicate proper nouns, the beginning of sentences, or for emphasis.

Invalid Data

Information or data that is incorrect, outdated, or irrelevant, making it unusable for processing or analysis.

Electronic Claims

Submission of insurance claims using electronic means, typically through specialized software or web-based services, to expedite processing and reimbursement.