Which One of the Following Is a Source of Government

question 55

Multiple Choice

Which one of the following is a source of government health insurance that is administered by each state?

• A)Blue Cross
• B)Blue Shield
• C)National Institutes of Health
• D)HMO
• E)Medicaid

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Definitions:

Chart of Accounts

A systematic listing of all accounts used by an organization, typically organized by type such as assets, liabilities, equity, revenues, and expenses.

Balance Column Journal

A type of accounting record that includes columns for recording dates, details of transactions, and corresponding debit or credit balances.

Trial Balance

A bookkeeping report that lists the balances of all ledgers accounts to check the mathematical accuracy of the accounting entries.

Posting

The process of transferring accounting entries from the journal to the ledger accounts.