In Recording Accounting Transactions, Evidence That a Transaction Has Taken

question 98

Multiple Choice

In recording accounting transactions, evidence that a transaction has taken place is obtained from

• A)source documents.
• B)the bank.
• C)the public relations department.
• D)the chart of accounts.

---

Definitions:

Inventory Decisions

Choices made by a company regarding the amount and type of inventory to keep on hand to meet customer demand while minimizing cost.

Computer Manufacturing

The process of assembling and producing computer components, systems, and related hardware products.

Stock Brokerage

A firm or individual that acts as an intermediary between investors and the securities exchange, facilitating the buying and selling of stocks.

International Operations Strategies

Planning and decision-making processes for managing production, logistics, and other business functions across multiple countries.