An Object Includes Data,but Not the Processes That Affect That

question 19

True/False

An object includes data,but not the processes that affect that data.

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Definitions:

Cash

Liquid currency and other assets that are readily convertible into money.

Account Payable

Liabilities or money owed by a business to its creditors for goods and services purchased on credit.

Credit

An accounting entry that increases liabilities or equity or decreases an asset or expense.

Promise To Pay

A written agreement to repay a borrowed amount under specified terms.