A Customer Reply on a Positive Confirmation Says "We Dispute

question 41

Multiple Choice

A customer reply on a positive confirmation says "We dispute the $250 charge.We believe it is excessive." This confirmation

• A) Provides evidence of existence.
• B) Does not provide evidence of existence because the customer may refuse to pay the $250 charge.
• C) Provides evidence that the account was understated.
• D) Provides evidence that the account should be written off.

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Definitions:

Private Consumption

The total amount of goods and services consumed by individuals in a household.

Pareto Optimal

A situation where resources are distributed in such a way that improving one person's condition inevitably leads to the detriment of another individual.

Public Goods

Items or services that are non-excludable and non-rivalrous, meaning they can be used by anyone without diminishing their availability to others.

Private Consumption

The totality of goods and services consumed by private individuals, as opposed to those consumed by the government or businesses.