A Variation of Shelf Filing Kept on Rolling Shelves That

question 46

Multiple Choice

A variation of shelf filing kept on rolling shelves that slide along permanent tracks in the floor is called ____.

• A) vertical files
• B) compactable files
• C) rotary circular files
• D) filing shelves
• E) lateral files

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Definitions:

Completing Transactions

The process of finalizing a deal or sale, ensuring all necessary steps and documents are completed and approved.

Financing Activities

Transactions related to borrowing, repaying debts, issuing stocks, and paying dividends that affect a company's cash flow.

Collecting Cash

the process of receiving payment from customers or clients, often involving invoicing, payment processing, and accounting.

Customers

Individuals or entities that purchase goods or services from a business.