Which of the Following Is True of Posting from a Sales

question 42

Multiple Choice

Which of the following is true of posting from a sales journal to the general ledger?

• A)Entries in the sales journal are posted to either the accounts receivable subsidiary ledger or the general ledger.
• B)Individual accounts receivable are posted daily from the sales journal to the accounts receivable subsidiary ledger.
• C)Even though the sales journal is posted monthly to the subsidiary ledger,it is a reliable record of the amount received from each customer.
• D)Under a perpetual inventory system,the sales journal will not have the Cost of Goods Sold DR and Merchandise Inventory CR column.

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Definitions:

Destructive Employees

Workers whose actions have a negative impact on organizational morale, productivity, or function.

Organizational Contexts

The circumstances, environment, or setting in which an organization operates, including cultural, social, and economic factors.

Compulsive

A behavior characterized by an irresistible urge to perform certain actions, often against the individual’s conscious wishes.

Engagement Level

The degree of emotional and intellectual commitment and involvement an individual or group has in a particular activity or organization.