BSP Corporation Wrote a Check to RSR Corporation, One of Its

question 21

Multiple Choice

BSP Corporation wrote a check to RSR Corporation, one of its vendors.On the remittance advice, BSP indicated which invoices it was paying.Which of the following statements is most true?

• A)BSP Corporation uses the open invoice method.
• B)RSR Corporation uses the open invoice method.
• C)BSP Corporation uses the balance forward method.
• D)If RSR uses the open invoice method, BSP must also use the open invoice method.

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Definitions:

Motivate Employees

Strategies and practices designed to increase staff enthusiasm and drive, encouraging them to be more engaged and productive.

Motivational Factor

Elements that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, and to exert persistent effort in attaining a goal.

Responsibility

The obligation, placed on employees through delegation, to perform assigned tasks satisfactorily and be held accountable for the proper execution of work.