There Are Five Classes of Transactions in the Sales and Collection

question 31

Multiple Choice

There are five classes of transactions in the sales and collection cycle. Which is NOT one of them?

• A) Payroll for sales staff
• B) Cash sales
• C) Write- off of uncollectible accounts
• D) Sales returns

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Definitions:

Excel Workbook

A file in Microsoft Excel that contains one or more worksheets to organize, calculate, analyze, and visualize data.

Criteria Rows

Rows in a query design grid where criteria are entered to specify which records to include in the query results.

Query Design Grid

The graphical interface in database management software where users can visually construct and modify database queries without writing SQL code.

Outer Join

A type of SQL join that returns all rows from one or both of the joined tables or result sets.