Which of the Following Is an Administrative Source of Primary

question 15

Multiple Choice

Which of the following is an administrative source of primary authority?

• A) U.S. Constitution
• B) collected rulings of the various courts on Federal tax matters
• C) regulations
• D) newsletters

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Definitions:

Accounts Receivable

Receivables from clients for services or goods delivered by a company but not yet compensated.

Accounts Payable

Money owed by a business to its suppliers shown as a liability on the company's balance sheet.

Cash Receipts

The collection of money, including currency, checks, electronic transfers, and other forms of payment, for goods or services rendered.

Cash Payments

Money disbursed by a business for goods, services, or other obligations.