After a Business Transaction Has Been Analyzed and Entered in the Book

question 49

Multiple Choice

After a business transaction has been analyzed and entered in the book of original entry, the next step in the recording process is to transfer the information to

• A) the company's bank.
• B) equity.
• C) ledger accounts.
• D) financial statements.

---

Definitions:

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc.

Frames

Conceptual structures used in communication to help individuals organize their perceptions and understandings of a situation.

Legal Power

The authority vested by law in an entity or individual to make decisions, enforce rules, or control resources.

Mediator

An impartial individual who facilitates communication and negotiation between disputing parties to help them reach a voluntary agreement.