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Every Monday,Mary Stops at a Local Florist to Purchase Fresh-Cut

question 93

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Every Monday,Mary stops at a local florist to purchase fresh-cut flowers for her desk; Mary chooses either lilies or tulips.She considers only these two options when selecting her flowers.For Mary,the two kinds of flowers are a(n) :


Definitions:

Collections

The process of pursuing and receiving payments owed to a business from its customers or debtors.

Postage Stamps

Adhesive paper evidence for payment of postage, used to indicate that the postage fee for sending an item through the postal service has been paid.

Accountant

A professional who manages, audits, and analyzes financial records and transactions for individuals, businesses, and organizations.

Ledger

A-book or digital record that summarizes and categorizes all financial transactions of a business during an accounting period.

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