Which of the Following Is Generally NOT Performed by an Accounting

question 95

Multiple Choice

Which of the following is generally NOT performed by an accounting clerk?

• A) Recording monthly insurance expense
• B) Making a payment on an account payable
• C) Authorizing credit to customers
• D) Authorizing dividends to be paid

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Definitions:

Peaks And Troughs

Describes the high and low points in economic, financial, or business cycles, indicating periods of maximum and minimum activity or value.

Real GDP

Gross Domestic Product adjusted for inflation, which reflects the value of all goods and services produced by an economy in a year, measured in constant prices.

Unemployed

Individuals who are capable of working and seeking work but are without jobs during the period of assessment.

Unemployment Insurance Benefits

Payments made by the government or a government-insured program to unemployed individuals who meet specific eligibility requirements.