Which of the Following Statements Is NOT Correct

question 11

Multiple Choice

Which of the following statements is NOT correct?

• A) The description of a journal entry should include a reference to the source of the information contained in the entry.
• B) If goods are purchased on credit,the supplier's invoice number is used as the source document for the transaction.
• C) The credit portion of a general journal entry is always recorded first.
• D) A firm should be able to trace amounts through the accounting records and back to their source documents.

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Definitions:

Skinner

B.F. Skinner, an American psychologist and behaviorist, known for his work in the development of the theory of operant conditioning.

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Decision Making

The method of selecting options through recognizing a decision to be made, collecting data, and evaluating different solutions.

Language

A system of communication that utilizes symbols, sounds, or gestures to convey meaning and facilitate complex interactions.