________ applications concern checking account reconciliation,as well as managing electronic funds transfer throughout the organization.
A)Accounts payable
B)Accounts receivable
C)Cash management
D)Cost-accounting

Question

Quizplus · Accepted Answer

Cash management applications are used for managing cash flow within an organization, including reconciling checking accounts and processing electronic funds transfers. Accounts payable and receivable applications are focused on managing payments to vendors and receipts from customers, respectively. Cost-accounting applications are used to track the costs associated with producing goods or providing services.

________ Applications Concern Checking Account Reconciliation,as Well as Managing Electronic