Match the Terms with the Definitions

question 93

Multiple Choice

Match the terms with the definitions.
-​Used to prove the equality of the debits and credits in the ledger accounts.

• A)book of original entry
• B)chart of accounts
• C)compound entry
• D)correcting entry
• E)cross-reference
• F)four-column account
• G)general ledger
• H)journal
• I)journalizing
• J)posting
• K)ruling method
• L)slide error
• M)source document
• N)transposition error
• O)trial balance

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Definitions:

Core Values

Fundamental beliefs or principles that guide an organization's actions, decisions, and interactions with stakeholders.

Core Purpose

The fundamental reason a company exists beyond just making a profit, often reflecting its values and long-term goals.

Core Values

Fundamental beliefs or principles that guide an organization's actions and decisions, shaping its culture and identity.

Internal Stakeholders

Individuals within an organization, such as employees, managers, and shareholders, who are affected by its activities and decisions.