What Happens to the Size (Number of Records) of the Cash

question 19

Multiple Choice

What happens to the size (number of records) of the cash receipts transaction file when a cash receipt for a customer invoice is posted?

• A) Stays the same
• B) Cannot be determined
• C) Increases
• D) Decreases

---

Definitions:

Financial Information

Data concerning the financial status and performance of an individual or organization, including income, expenses, and assets.

Financial Statement Analysis

The process of examining a company's financial statements to assess its performance, health, and value, typically including ratio analysis and comparison to industry benchmarks.

Building Blocks

Fundamental concepts or elements that serve as the foundation for something, commonly used in reference to basic principles or components in various disciplines.

Percent Increase or Decrease

A quantitative measure expressed as a percentage that represents the magnitude of change in a quantity compared to its previous value.