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:

Marital Success

The extent to which a marriage fulfills the emotional, social, and financial needs of the partners, contributing to their overall life satisfaction.

Perfectionism

A personality trait characterized by striving for flawlessness, setting extremely high standards for oneself, and experiencing critical self-evaluations.

Longer Courtship

The extended period of time before engagement or marriage, often used to build stronger foundations in a relationship.

Divorce Rates

The statistical measure that shows the number of divorces occurring among the population during a given time period.