According to the Standards for Punctuation in Business Writing, Which

question 55

Multiple Choice

According to the standards for punctuation in business writing, which of the following is true of when the apostrophe is used?

• A) It is used to show the possessive case of nouns and indefinite pronouns.
• B) It is used to make personal pronouns possessive.
• C) It is used after the s, if the possessive noun is singular.
• D) It is used before the s, if the possessive noun is plural.
• E) It is used before the s, if the plural noun ends in an "s."

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Definitions:

Cash Receipts

The collection of money, including coins, notes, cheques, and electronic transfers, by a business from transactions involving goods or services.

Cash Account

A financial account that records cash transactions, including receipts and payments of cash.

Debited

A term used in accounting to indicate a transaction that increases an asset or expense account, or decreases a liability or equity account.

Cash Account

An account that records all transactions involving cash receipts and cash payments.