Which of the Following Methods Uses Income Instead of Cash

question 7

Multiple Choice

Which of the following methods uses income instead of cash flows?

• A)payback
• B)accounting rate of return
• C)internal rate of return
• D)net present value

Ability to record customer payments and understand its impact on business accounts.

Understand the setup process for creating a new company data file in QuickBooks.

Know how to record sales transactions efficiently in QuickBooks.

Familiarity with QuickBooks lists and their contents (Customers, Vendors, Chart of Accounts).

---

Definitions:

People

Refers to the human users or participants in a system, organization, or a specific context, often considered in the design and development of products or services.

Contacts Arranged

The process of organizing personal or business contacts in a specific order or system for easier access.

Businesses

Organizations engaged in commercial, industrial, or professional activities, with the aim of generating profits by providing goods or services.

Attach Files

The action of including files with an email message or within a document or application.