The Usual Sequence of Steps in the Recording Process Is

question 81

Multiple Choice

The usual sequence of steps in the recording process is to analyze each transaction enter the transaction in the

• A) journal and transfer the information to the ledger accounts.
• B) ledger and transfer the information to the journal.
• C) book of accounts and transfer the information to the journal.
• D) book of original entry and transfer the information to the journal.

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Definitions:

Intrusion

Unauthorized or unwanted entry into another person’s space, privacy, or affairs.

False Light

A privacy tort that occurs when highly offensive information is published about an individual that is not valid or places the person in a false light.

Fraud

A deliberate deception made for personal gain or to damage another individual.

Reasonable Apprehension

A legal standard referring to the fear or anticipation of harm that a person of ordinary sensibilities would feel under similar circumstances.