The business functions mainly related to the cash at bank account include:
A) processing and recording cash receipts.
B) granting credit.
C) billing customers.
D) all of the above

Question

Quizplus · Accepted Answer

Processing and recording cash receipts are directly related to the cash at bank account, as these transactions involve inflows of cash into the account. Granting credit and billing customers are not directly related to the cash at bank account, as they do not involve actual movements of cash into or out of the account.

The Business Functions Mainly Related to the Cash at Bank