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QUESTION 5 A stop payment order is made by: the drawee. any person. the banker the owner only. QUESTION 6 The first step in the accounting cycle is collecting and verifying the source documents. True False QUESTION 7 The period of time during which accounting records are prepared is called the accounting period. True False QUESTIONS The accounting period of six months is called a fiscal year. True False QUESTION 9 All-purpose journals are called general journals. True False