When Using the Unpaid or Previous Month's Balance Method

question 19

Multiple Choice

When using the unpaid or previous month's balance method:

• A) the billing cycle is always 30 or 31 days
• B) you should first multiply the unpaid or previous month's balance by the monthly rate
• C) the first step in calculating the new unpaid balance is to determine the purchases for the period and then add them to the previous balance
• D) the average daily balance is the same as the unpaid balance

---

Definitions:

Fertilization

The process in sexual reproduction where a sperm cell unites with an egg cell, leading to the formation of a zygote.

Sperm

The male sex cell.

Ovum

The female reproductive cell or egg, which when fertilized by a sperm, can develop into a new organism.

Prenatal Development

The process of growth and development within the womb from conception to birth, including the development of organs and structures of the fetus.