You Have Recently Been Hired as an Accounting Intern for Jefferson

question 32

Multiple Choice

You have recently been hired as an accounting intern for Jefferson Mills.The job that you have been assigned for today is to compile a spreadsheet that has six columns.The column headings are: Invoice #; Customer name; < 30 days; 31-60 days; 61-90 days; > 90 days.You are to list every unpaid invoice by customer name with the amount owed entered into the appropriate column for the number of days between the sale date and today.Once you have completed that,you are to sort the report by customer name and then total the amounts listed in each column.What is this report called?

• A)credit report
• B)aging schedule
• C)risk assessment report
• D)turnover delineation
• E)receivables consolidation report

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Definitions:

Ballast Water

Water carried in ships' ballast tanks to improve stability and balance, which, when discharged, can introduce invasive aquatic species to new environments.

Autonomy

The degree to which a job provides the employee with the freedom, independence, and discretion to schedule their work and determine how it is done.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.

Control

The power to influence or direct people's behavior or the course of events.