Which of the Following Is Not One of the Four

question 64

Multiple Choice

Which of the following is not one of the four methods to improve the corporation's quality of work life?

• A) improve the work environment
• B) introduce participative problem solving
• C) improve the responsiveness of management
• D) introduce innovative reward systems
• E) restructuring work

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Definitions:

Daily Postings

The routine process of recording transactions in the books of accounts or ledgers on a daily basis to ensure financial records are up-to-date.

Control Account

An account in the general ledger used to simplify the recording of transactions and track the total amounts for financial statement purposes, often summarizing the details that are held in a subsidiary ledger.

Special Journals

Accounting books or ledgers used for recording and categorizing specific types of transactions such as sales, purchases, cash disbursements, and cash receipts in a more efficient manner.

Merchandise Purchase

Transactions involving the buying of goods for resale in the normal course of business.