Transactions Entered in the Payments Journal Will Not Allow the Following

question 17

Multiple Choice

Transactions entered in the payments journal will not allow the following -

• A)recording of all necessary details surrounding the payment
• B)editing the cheque number
• C)entering a payment amount that is more than the outstanding balance to create a credit balance
• D)editing the payment amount

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Definitions:

IQ Scores

Standardized scores designed to measure human intelligence.

Relative Standing

An individual's or group's position or rank in relation to others in terms of various socioeconomic indicators.

Normal Curve

A symmetrical bell-shaped graph representing the distribution of a set of data where most occurrences take place around the average.

IQ Score

A numerical measure of a person's intelligence level, typically derived from standardized tests.