Which of the Following Is Not a True Statement About

question 31

Multiple Choice

Which of the following is not a true statement about the daily posting of the sales journal?

• A) There is a debit posting to accounts in the accounts receivable subsidiary ledger.
• B) There is no credit posting.
• C) The reference column in the sales journal is checked when the posting is complete for each entry in the journal.
• D) The invoice number supporting the sales transaction is posted to the reference column in the subsidiary ledger.

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Definitions:

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A formula that describes the relationship between a dependent variable and one or more independent variables.

Length

The measurement or extent of something from end to end; the greater of two or the greatest of three dimensions of an object.

Plot

The sequence of events or main story in a narrative or literary work.

Interaction Term

In statistics, an interaction term is used in models to determine if the effect of two or more variables on a response variable is not additive, indicating that the variables interact in how they influence the response.