For Accounting Purposes, Postdated Checks (Checks Payable in the Future)

question 59

Multiple Choice

For accounting purposes, postdated checks (checks payable in the future) are considered to be

• A) money orders.
• B) cash.
• C) petty cash.
• D) accounts receivable.

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Definitions:

Cry

The act of shedding tears in response to an emotional state, such as sadness, happiness, or pain.

Tension

A mental or emotional strain, often resulting from circumstances that cause stress or anxiety.

Violence

The use of physical force or power with the intent to inflict harm, damage, or intimidate another individual or group.

Heterosexual Couples

A romantic or sexual partnership between individuals of opposite sex.