Accounts Payable Would Appear as a Debit in

question 40

Multiple Choice

Accounts Payable would appear as a debit in

• A) the cash payments journal.
• B) the sales journal.
• C) the purchases journal.
• D) the cash receipts journal.
• E) all the special journals.

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Definitions:

ERP

Enterprise Resource Planning, a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management, compliance, and supply chain operations.

Big Data

The collection and analysis of large and complex data sets that traditional data-processing application software are inadequate to deal with.

EDWs

Enterprise Data Warehouses; centralized repositories that store and manage large volumes of structured and unstructured data across an organization.

Analytics

The systematic computational analysis of data or statistics, used for discovering and interpreting patterns, and for decision making.