Which of the Following Is Processed in the Immediate Mode

question 83

Multiple Choice

Which of the following is processed in the immediate mode?

• A)HR activities
• B)payroll
• C)both a and b
• D)neither a or b

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Definitions:

Bank Reconciliation

A process of ensuring that the bank's records of an individual's or company's cash balance matches the financial records of the company.

Depositor's Book

A record book kept by a depositor, detailing all deposits and withdrawals from a bank account.

Cash Balance

The amount of cash in a company's accounts at any given time, reflecting its immediate monetary resources.

Aging Analysis

A method to evaluate and categorize accounts receivable based on the length of time an invoice has been outstanding to manage and estimate financial health.