Question: Which of the following statements accurately describes Accounts Receivable Accounting? A. It concerns vendors. It involves sub-ledgers to track money owed to individual vendors. It involves reconciliation accounts. B. It concerns tracking the financial consequences associated with the entire life cycle of an asset, from acquisition to disposal. C. It concerns customers. It involves sub-ledgers to track what money customers owe. It involves reconciliation accounts. D. It is concerned with recording the financial impact of all process steps performed within the organization.