The Reference Column of the Accounts in the Accounts Payable

question 81

Multiple Choice

The reference column of the accounts in the accounts payable subsidiary ledger after posting may show

• A) only P references.
• B) CP P or G references.
• C) G P or S references.
• D) only CP references.

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Definitions:

Remainderman

The recipient of the trust corpus, the property held in trust, when the trust is terminated.

Distributed

Spreading out resources or processes across multiple locations or over a network, often relating to computing or organizational strategies.

Health Care Proxy

A document that empowers an agent to make medical decisions for a principal who is unable to make those decisions for himself or herself.

Agent

A party who has the authority to act on behalf of and bind another party.