In Accounts Receivable Terminology, Posting Refers To

question 18

Short Answer

In accounts receivable terminology, posting refers to:
A)subtracting payments made on an account.
B)making an adjustment on an account.
C)entering a financial transaction into a computer system.
D)making sure all accounts balance at the end of the day.

• A)subtracting payments made on an account.
• B)making an adjustment on an account.
• C)entering a financial transaction into a computer system.
• D)making sure all accounts balance at the end of the day.

Recognize the various interest rates relevant in the banking ecosystem.

Understand the concept and implications of sub-prime lending.

Identify the structure and functions of the Federal Reserve System.

Describe the effects of monetary policy tools on the economy.

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