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An account or service agreement may be linked to only one Statement. True or False?

1 Answer

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Final answer:

The statement is false because accounts or service agreements can be linked to multiple statements, such as monthly bank statements or business transaction records.

Step-by-step explanation:

The statement that an account or service agreement may be linked to only one statement is false. In the context of business, accounts or service agreements can often be linked to multiple statements. This is especially the case in complex business environments where multiple transactions or interactions might be reflected across several different statements, such as financial statements, invoices, or transaction records. For instance, a bank account might have multiple statements, one for each month, showing all the activities that occurred within that period.

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