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Question
Which of the following accounting functions has been accurately described?A. Investments records help produce accurate billing of customers, and thus help to maintain good customer relations.
B. Payroll records track if your business keeps surplus cash invested in securities.
C. Accounts payable records help to make timely payments in order to capture prompt pay discounts and to maintain a good credit rating for the business.
D. Credit card sales function enables that payroll and employment taxes are kept current.
Answer
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