After Posting Is Completed,there May Be an Error If

question 52

Multiple Choice

After posting is completed,there may be an error if:

• A)The sum of the customer account balances does not equal the total in the sales journal.
• B)The sum of the accounts receivable ledger does not equal the balance in the Sales account.
• C)The sum of the customer account balances does not equal the Accounts Receivable controlling account balance.
• D)The balance in the sales journal does not equal the Accounts Receivable account balance.
• E)The sum of the accounts receivable ledger does not equal the balance in the sales journal.

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Definitions:

Contingency Basis

A method of compensation or agreement that is dependent on certain conditions being met or outcomes occurring.

Specific Culture

refers to the unique set of beliefs, values, customs, and practices that characterizes an organization, region, or group.

Geert Hofstede

A Dutch social psychologist known for his research on the interactions between national cultures and organizational cultures.

Management Techniques

These are methods, strategies, and practices used by leaders to administer and control organizational resources effectively to achieve desired outcomes.