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Control in a global information system requires _____.
Cash Receipts Journal
An accounting ledger that tracks all cash inflows to a business, documenting sources of revenue or income.
Subsidiary Ledger Accounts
Detailed accounts contained within a subsidiary ledger, tracking individual transactions related to a specific customer, supplier, or type of item.
Accounts Receivable
Money owed by customers for goods or services that have been delivered but not yet paid for.
Accounts Payable
Accounts payable are liabilities representing the amount a business owes to its suppliers or creditors for goods and services received but not yet paid for.
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