Which of the Following Accounting Functions Allows a Business to Keep

question 9

Multiple Choice

Which of the following accounting functions allows a business to keep track of what it owes,make timely payments in order to capture prompt pay discounts,and maintain a good credit rating?

• A)Credit card sales
• B)Accounts receivable records
• C)Accounts payable records
• D)Payroll records

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Definitions:

Human Beings

Living persons; members of the species Homo sapiens, recognized by their cognitive abilities, self-awareness, and capacity to be moral agents.

Ethical Relativism

the theory that moral principles are not universally applicable but instead are shaped by cultural, personal, or situational contexts.

Middle Eastern

Relating to the geographical region that encompasses countries in Western Asia and Egypt.

American Culture

Refers to the customs, arts, social institutions, and achievements of the United States.