Which of the Following Transactions Includes a Credit to Cash

question 147

Multiple Choice

Which of the following transactions includes a credit to cash?

• A)the purchase of supplies on account
• B)the payment of an accounts payable
• C)the collection of cash from an accounts receivable
• D)receipt of cash from a customer when service is provided

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Definitions:

KMS

Stands for Knowledge Management System, a system for managing knowledge in organizations, supporting the creation, collection, storage, dissemination, and utilization of knowledge and information.

OLTP

Online Transaction Processing, a class of systems that facilitates and manages transaction-oriented applications, typically for data entry and retrieval transaction processing.

Historical Data

Data concerning past events and transactions that are stored and analyzed for trends, forecasting, and making decisions.

Explicit Knowledge

Knowledge that is easily communicated and shared, typically in the form of documents, manuals, or any documented procedure.