Which of the Following Statements About Updating an Open Customer

question 31

Multiple Choice

Which of the following statements about updating an open customer invoice file is correct?

• A) Only cash sales are added.
• B) Only credit sales are added.
• C) Both cash and credit sales are added, but the cash sales are eliminated at the end of the accounting period.
• D) Both cash and credit sales are added, because the file provides a source of sales history.

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