What Is the Five Number Code Assigned by the Defense

question 37

Multiple Choice

What is the five number code assigned by the Defense Logistic Service to all Department of Defense contractors called?

• A) BAR Code
• B) CELL Code
• C) DLSC Code
• D) CAGE Code

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Definitions:

Allowance Method

is an accounting technique that estimates and reports the likely amount of uncollectible accounts receivable as an allowance for doubtful accounts.

General Ledger Account

A comprehensive record containing all the financial transactions of a business.

Aging

A method used in accounting to categorize a company's accounts receivables according to the length of time an invoice has been outstanding.