A group of people who responds to end users' questions is called a(n) ____.
Fill in the blank(s) with the appropriate word(s).
help desk
A group of people who responds to end users' questions is called a help desk.
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Which of the following controls would best prevent the lapping of accounts receivable?
a. Segregate duties so that the clerk responsible for recording in the accounts receivable subsidiary ledger has no access to the general ledger. b. Request that customers review their monthly statements and report any unrecorded cash payments. c. Require customers to send payments directly to the company's bank. d. Request that customers make the check payable to the company.
Forest Company had $170,000 in sales on account last year. The beginning accounts receivable balance was $14,000 and the ending accounts receivable balance was $12,000. The company's accounts receivable turnover was closest to:
A) 13.08 times B) 12.14 times C) 14.17 times D) 6.54 times
Which of the following trade terms means that the seller has an obligation to deliver the goods to a named place for transfer to a carrier?
A. ex works B. dead freight C. free D. demurrage
Validation relates to building the right model
Indicate whether the statement is true or false