To Correct an Error Made in the Journal (Prior to Posting

question 16

Multiple Choice

To correct an error made in the journal (prior to posting in the ledger) :

• A) erase the error and write the correct entry.
• B) write a new journal entry correcting the original entry.
• C) No adjustment is required.
• D) None of the above is correct.

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Definitions:

Challenge The Process

The practice of questioning and examining established procedures or norms to discover new ways of doing things or improve efficiency and effectiveness.

Full Range Model

A leadership theory that suggests leaders adjust their behaviors along a continuum from laissez-faire to transactional to transformational leadership depending on the situation.

Employee Performance

The level of effectiveness and efficiency with which an employee meets job responsibilities and contributes to organizational goals.

Millennials

A generational cohort following Generation X, typically considered to be born between the early 1980s to the mid-1990s to early 2000s, known for their comfort with digital technologies.