When You Post a Sales Journal Transaction Directly from the Daily

question 32

Multiple Choice

When you post a sales journal transaction directly from the daily business manager recurring entries list -

• A)you should choose to review or display the journal entry before posting
• B)you should post the transactions one at a time so you can review them before posting
• C)the program confirms the number of transactions that were posted correctly
• D)you cannot post sales from the business manager because you must first add the correct invoice number

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Definitions:

Market Outcomes

The results of interactions between buyers and sellers in a market, determining the allocation of resources and the distribution of goods and services.

Pre-Tax Income

The amount of income earned by an individual or business before any taxes have been deducted.

Milton Friedman

An American economist and Nobel Prize winner known for his advocacy of free market capitalism and a key figure in the Chicago School of Economics.

Unethical

Actions or behavior that violate moral or professional norms, often against what is considered right or good.