General Ledger Employees Should Record Journal Vouchers, but They Should

question 54

Multiple Choice

General ledger employees should record journal vouchers, but they should not

• A)Have recording responsibility for any special journals or subsidiary ledgers.
• B)Authorize journal vouchers.
• C)Have custody of assets.
• D)All of the above, A, B, and C, are correct.

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Definitions:

Technological Changes

Refers to advancements and innovations in technology that impact society, businesses, and individual practices by introducing new tools, processes, or methods.

Seven Major Life Changes

Loss, separation, relocation, a change in relationship, a change in direction, a change in health, and personal growth.

Force Field Analysis

A method used in change management to identify and evaluate the forces for and against a change, facilitating decision-making and strategy development.

Plan for the Change

A strategy or set of steps designed to successfully implement new policies, practices, or systems.