The "Amount Due" Field of a Bill Is Checked to Ensure

question 118

Multiple Choice

The "amount due" field of a bill is checked to ensure that the sign is positive.This is an example of a field

• A) sign check.
• B) length check.
• C) format check.
• D) type check.

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Definitions:

Cash Balances

The total amount of cash in a company's account at any given time, which can be used for transactions or as a reserve.

Receivables Financing

A form of financing where a company uses its outstanding invoices or receivables as collateral to secure a loan or advance.

Administrative Fee

Charges imposed by investment funds or companies to cover operational and management expenses.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity of the business.