____ Is the Process of Organizing Files in Folders

question 17

Multiple Choice

____ is the process of organizing files in folders.

• A) File storage
• B) File management
• C) File movement
• D) File organizing

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Definitions:

Sales Discount

Cash discount offered to encourage prompt payment of an account receivable.

Account Receivable

Debts owed by clients to a firm for delivered goods or services awaiting payment.

Collection

The process of obtaining funds that are due or the grouping of specific items or data, often relevant in financial contexts and research.

Annual Interest Rate

The percentage that represents the cost of borrowing money or the gain from saving money on an annual basis, crucial for financial calculations.