When Using a Four-Column Account,the Posting Reference Column Allows the User

question 107

True/False

When using a four-column account,the posting reference column allows the user of the financial data to trace the amounts in the journal back to the ledger.

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Definitions:

Ethicality

The quality of being in accordance with accepted moral standards, principles, or practices.

Psychiatrist

A medical doctor specialized in diagnosing, preventing, and treating mental illness, including prescribing medication.

Obedience

An action engaged in to fulfill a direct order or command of another person.

Superior

Describes someone or something that is above average in quality, rank, or status; better than other similar items or people.