Which of the Following File Extensions Identifies an Accountant's Copy

question 3

Multiple Choice

Which of the following file extensions identifies an accountant's copy file?

• A).QBX
• B).QBW
• C).QBB
• D).QBM

---

Definitions:

Cost

An amount that must be paid or spent to buy or obtain something, often related to the production or purchase of goods and services.

Merchandise

Merchandise refers to goods or products that are purchased, stored, and sold by businesses to generate revenue.

Net Purchases

The total amount of purchases made by a company after subtracting returns, allowances, and discounts.

Merchandise Available

The total goods available for sale during a certain period, including both beginning inventory and purchases made.