Diana Is in Charge of Telling Employees About a New

question 65

Multiple Choice

Diana is in charge of telling employees about a new procedure for submitting expense claims. Many of her employees do not have access to company e-mail. What communication channel should she use?

• A)text message
• B)memo
• C)bound report
• D)letter

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Definitions:

General Journal

A comprehensive accounting record of all transactions, listed in chronological order.

Withdrawal of Cash

The act of taking money out from a business by the owners for personal use, not related to business expenses.

Cash Receipts Journal

A financial journal that records all cash coming into the business, providing a record of income from various sources.

Cash Payments Journal

A business ledger documenting every cash disbursement, covering costs, acquisition of assets, and settlement of debts.