Which of the Following Is Not a True Statement About

question 31

Multiple Choice

Which of the following is not a true statement about the daily posting of the sales journal?

• A) There is a debit posting to accounts in the accounts receivable subsidiary ledger.
• B) There is no credit posting.
• C) The reference column in the sales journal is checked when the posting is complete for each entry in the journal.
• D) The invoice number supporting the sales transaction is posted to the reference column in the subsidiary ledger.

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Definitions:

Professional Ethics

Moral principles and values that guide the behavior of professionals in their occupational practices, ensuring integrity, competence, and responsibility.

Code

A system of signals, symbols, or instructions designed to be converted into a form understandable by people or machines, often used in computing and communications.

Objectivity

The practice of maintaining impartiality and fairness by eliminating personal biases, emotions, and subjective considerations.

News Media

The various platforms and outlets, including television, newspapers, and the internet, that distribute news and information to the public.