A Listing of the Balances in the Accounts Receivable Master

question 21

Multiple Choice

A listing of the balances in the accounts receivable master file at the balance sheet date, by total balance outstanding and by the time the component parts have been outstanding, is the:

• A) customer list.
• B) aged trial balance.
• C) accounts receivable ledger.
• D) schedule of accounts receivable.

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Definitions:

Standard Occupational Classification System

A system used by Federal statistical agencies to classify workers into occupational categories for the purpose of collecting, calculating, or disseminating data.

Six-Digit Code

Often used in classification systems to categorize information or items with high precision, providing a detailed breakdown of categories.

Standard Occupational Classification System

A federal statistical standard used in the United States to classify workers into occupational categories for the purpose of collecting, calculating, or disseminating data.

Career Exploration

The process of studying, learning about, and examining various occupations or career paths to make informed educational and career decisions.