Which of the Following Transactions Is Represented by the Diagram

question 18

Multiple Choice

Which of the following transactions is represented by the diagram below?

• A)Vendors send a bill for each inventory item purchased which is payable on receipt.
• B)A single purchase of inventory is paid for with multiple payments.
• C)Inventory vendors send a monthly bill for merchandise delivered.The seller does not accept or allow installment payments.
• D)Some inventory purchases are paid for with multiple payments and some payments may apply to multiple purchases.

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Definitions:

Computer System

Consists of hardware and software components that process data and perform computational tasks.

Comprehensive Knowledge

A deep and thorough understanding of a subject, covering all its aspects and complexities.

Human Resource Information System

An integration of HR activities and information technology, this system facilitates data entry, data tracking, and the information needs of an organization's human resources, payroll, management, and accounting functions.