Which of the following statements is true about an aged receivables analysis?
A: i) only
B: ii) only
C: i) and iii)
D: i), ii) and iii)
A: i) only
B: ii) only
C: i) and iii)
D: i), ii) and iii)
举一反三
- Which of the following is/are NOT recorded as transactions in the receivables control account? A: i) only B: ii) only C: iii) only D: i), ii) and iii)
- Which of the following is true regarding the circular flow diagram? A: I only B: I and II C: I and III D: III only
- Which of the following would be considered a service industry?(i) an airline company(ii) a railway company(iii) a firm of accountants A: (i) and (ii) only B: (i) and (iii) only C: (ii) and (iii) only D: (i), (ii) and (iii)
- Why is it important to reconcile the receivables control account to the receivables ledger on a regular basis? A: ii) and iii) only B: i) only C: ii) only D: i), ii) and iii)
- Which of the following statements is true about an effective document retention policy? A: i), ii), iii) and iv) B: i), ii) and iv) C: ii), iii) and iv) D: ii) and iii)