Cash Account Is Primarily Affected by Which Transactions in the Payroll

question 91

Multiple Choice

Cash account is primarily affected by which transactions in the payroll and personnel cycle?

• A) sales
• B) collections
• C) both A and B
• D) none of the above

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Definitions:

Court System

The organizational structure of courts that interprets and applies the law in the name of the state or country, consisting of various levels, including trial and appellate courts.

Civil Action

A lawsuit between private parties or organizations, which often involves seeking monetary compensation or specific performance.

Successful Litigant

A party that prevails in a legal action, achieving a favorable outcome or judgment in court.

Enforcing Judgment

The legal process of ensuring compliance or execution of a court's decision, often involving measures such as seizing property or garnishing wages to satisfy a financial award.