-Referring to the Figure Above,which Number Represents the COUNT Function

question 76

Multiple Choice

-Referring to the figure above,which number represents the COUNT function?

• A)1
• B)2
• C)3

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Definitions:

Installment Accounts Receivable

Receivables from sales where the customer makes regular payments over a period until the full purchase price is paid.

Dishonoring a Note

The failure to pay a promissory note when it comes due, resulting in a default.

Pledging Accounts Receivable

The practice of using accounts receivable as collateral for a loan.

Internal Control

Systems and processes put in place by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.