The Purpose of the Ledger Is to

question 63

Multiple Choice

The purpose of the ledger is to

• A)record chronologically the day's transactions.
• B)keep a record of documentation to support each transaction.
• C)keep in one place all information about changes in specific account balances.
• D)make sure that all assets, liabilities, etc., have normal balances at all times.

---

Definitions:

Sincere Apology

An expression of regret that is genuine and intended to make amends for a mistake or wrong.

Neutral Buffer

A neutral buffer acts as an introductory statement in communication, often used to ease into a sensitive subject without causing immediate offense or defense.

Indirect Approach

A communication technique in which the main point or message is not presented immediately but introduced gradually in the context.

Decision Ordering

The arrangement or sequencing of decisions based on their priority, complexity, or impact, often used in problem-solving and strategic planning.