Which of the Following Is True About Retainages

question 22

Multiple Choice

Which of the following is true about retainages?

• A) Most organizations, with the exception of construction contractors, must have retainages.
• B) Most organizations have this feature in its payables module.
• C) Retainages are more applicable to payables than to receivables.
• D) Retainages provide additional assurance that an agreed upon task will be completed.

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Definitions:

Rhesus Monkeys

A species of monkeys known for their significant contributions to scientific research, especially in the fields of psychology and medicine.

Caring Contact

Interactions or correspondences characterized by empathy, support, and concern for the well-being of others.

Social Contact

Interactions and relationships between individuals in a society, which can form the basis of social networks and social bonds.

Fully Human

A term implying the achievement or realization of a person's potential, capabilities, and abilities to the fullest extent, embodying all aspects of human nature.