Posting Is the Process of Transferring Information from the Ledger

question 20

True/False

Posting is the process of transferring information from the ledger to the journal.

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Definitions:

Decision Making

The cognitive process resulting in the selection of a course of action among several alternative scenarios and outcomes.

Information Linkages

Connections or networks that facilitate the flow of information between individuals, groups, or organizations.

Virtual Organization

A networked organization that links people, assets, and ideas without being bound by traditional physical locations or structures.

Market Opportunity

A potentially profitable situation where there is demand for a product or service that is not being met by current supply.