If Undeposited Funds Was Selected During Receive Payment,then Which of the Following

question 4

Multiple Choice

If Undeposited Funds was selected during Receive Payment,then which of the following is true?

• A)A company does not need to create a bank deposit since the funds are already available to pay bills.
• B)A company must create a bank deposit to transfer the funds from the Undeposited Funds account to the appropriate bank account.
• C)Undeposited Funds are used with Bundles and the company must separate out the different payments prior to creating a bank deposit.
• D)Use the Gear Icon and select Bank Deposit under Other to record the transfer.

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Definitions:

Divorce

The formal termination of a marriage through a court or authorized entity.

Polygamy

A marriage system in which an individual has multiple spouses at the same time.

Social Organization

The structured arrangement of societal roles and responsibilities, forming the framework within which society operates.

Authority

The right or power to give orders, make decisions, and enforce obedience, often within a specific context such as governmental, organizational, or familial environments.