Which Element of an Accounting System Provides Information About the Balance

question 105

Multiple Choice

Which element of an accounting system provides information about the balance in each account?

• A) cash flow statement
• B) journals
• C) ledgers
• D) source documents

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Definitions:

Productivity Measure

A quantifiable standard or metric used to assess the efficiency and effectiveness of a task, process, or resource in generating output.

Routing

The process of determining the best path for data to travel from its source to its destination in a network, or the process of planning an efficient path for logistics and transport.

Sequencing

The process of organizing or arranging items, actions, or events in a specific order.

Dispatching

The process of sending off goods or a workforce to their destination or for a specific task.