Question

April compiled checks, receipts and invoices, then entered them into Quickbooks. She printed out her financial statements and took themto the bank as documentation for a loan application. In that scenario, checks, receipts and invoices could be referred to as:

A. Documents and data
B. Data and information
C. Documents and information
D. Documents, data and information

Answer 1

A. Documents and data

Step-by-step explanation:

The document and data in a Quick book refers to the check, receipts, and invoices that were used to prepare the financial records that include cash flow statement, income statement, statement of stockholder equity, and the balance sheet.

These data and documents are very valuable things for the business organization. It is to be kept in safe custody. The use of these financial records is to apply bank loans, tax purposes, etc.

Thus, all other options are incorrect except A.