Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1. the following is a list of three types of acco

1. The following is a list of three types of accounts receivable systems and...

90.2K

Verified Solution

Question

Accounting

1.

The following is a list of three types of accounts receivable systems and two organizations/systems:

I. Open item II. Balance forward III. Balance only

IV. B2B V. Credit card companies (i.e., VISA)

Which of the following pairs normally are correct?

Group of answer choices

a. I and IV, II and V

b. I and V, II and IV

c. II and IV, III and V

d. II and V, III and IV

e. I and V, III and IV

2.

Which of the following statements is false?:

Group of answer choices

a. On-line inquiry is not available in the sequential file organization method

b. Retrieval of data is very fast in direct access files

c. The indexed sequential file method uses an index to identify the location of records

d. A record in indexed sequential files can be accessed as fast as in direct access files.

3. Often, performance reports are part of a managerial reporting system known as a(n) ______________________________ system where departments are in general classified as cost centers, profit centers or investment centers.

4. Sarbanes-Oxley Section 401 covers ______________________________ in financial reports.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Question 12 Please answer the following set of questions, based on the information provided below. The data listed...

Physics
1.2K views

4 A current of 10 A is established in a long wire along positive z...

Physics
1.2K views

Thus the resistivity of copper is 1 7 x 10 8 ohm metre Sample Problem...

Statistics
1.2K views

An urn contains 10 red marbles 10 white marbles and 8 blue marbles marbles A...

Algebra
1.2K views

Condense the logarithm and simplify if possible 2 In a 3 in 6 In a...

Accounting
1.2K views

P10-6B - Disposal of Property, Plant and Equipment On...

Accounting
1.2K views

6. NWA Corporation sold 125,000 units last year with a selling price of S3 per...

Accounting
1.2K views

Updates to a time-driven ABC system might be triggered by a. significant shifts in cost...

Accounting
1.2K views

Case Study: Trump De Drum Ltd (TDT) is a company in aquacultural industry...

Accounting
1.2K views

Use the following data to calculate adjustments and prepare the adjusting entries as of December...

Accounting
1.2K views

Required: (Consider each case independently): 1. What would be the revised net operating income per...

Finance
1.2K views

You plan to launch a small business to supplement your income. You believe that despite...