When You Post a Supplier Invoice the Following Accounts Are

question 9

Multiple Choice

When you post a supplier invoice the following accounts are updated -

• A)all properly linked accounts
• B)only the purchases and accounts payable general ledgers
• C)only the purchases and accounts payable subsidiary ledgers
• D)only the purchases,accounts payable ledgers and HST paid

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Definitions:

Dependency Theory

The global theory maintaining that industrialized nations hold less-industrialized nations in a dependent relationship that benefits the industrialized nations at the expense of the less-industrialized ones.

Modernization Theory

A theory that suggests societies progress through a series of stages toward stability, democracy, and prosperity, often through technology and industrialization.

Functionalist Theory

A sociological perspective that interprets each part of society in terms of how it contributes to the stability and functionality of the whole society.

Multinational Corporations

Large companies that operate and provide goods or services in multiple countries outside of their home country.