You Do Not Need to Save a Document Before You

question 66

True/False

You do not need to save a document before you completely shut down your computer because a copy of that document is permanently stored in RAM.

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Definitions:

Cash Payment Posting

The process of recording cash payments in the accounting records, affecting the balance of cash accounts.

Cash Payments Journal

A financial journal used in accounting to record all cash payments made by a company, including expenses and debt payments.

Accounts Receivable Subsidiary Ledger

A detailed ledger that breaks down the accounts receivable account into individual customer accounts, tracking each customer's balance.

Collections From Customers

The process of gathering or receiving payments from customers for goods or services provided.