Match the Following Transaction Processing Systems to the Activities

question 103

Multiple Choice

Match the following transaction processing systems to the activities.
-accounts receivable

• A)record transactions
• B)reduce the number of items in stock
• C)print employee paychecks
• D)buy new stock from vendors
• E)record what customers owe
• F)print a check for a vendor
• G)summarize monthly income and expenses

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Definitions:

Financing Statement

A document filed to give public notice to third parties of a security interest in personal property.

Legal Terminology

Specialized language used in the field of law, encompassing terms, phrases, and principles pertinent to legal proceedings and documentation.

Real Property

Refers to land and anything permanently attached to it, such as buildings and structures, legally considered immovable.

Jury Trial

A legal proceeding in which a jury makes a decision or findings of fact, which then direct the actions of a judge.