In a Computerized Accounting System, the Posting of Journal Entries

question 83

Multiple Choice

In a computerized accounting system, the posting of journal entries performed on a continuous basis is referred to as:

• A)batch processing.
• B)on-line processing.
• C)quick processing.
• D)accuracy processing.

Comprehend the impact of nonverbal communication in organizational settings.

Analyze the effects of communication styles and channels in international management contexts.

Understand the dynamics of group decision-making and factors that influence it.

Differentiate between need theories and process theories of motivation.

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Definitions:

Antitrust Legislation

Laws designed to promote competition and regulate monopolistic practices within the marketplace.

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes.

Corporate Fraud

Illegal activities undertaken by individuals or companies in a deceitful manner, intending to gain an unfair advantage.

Financial Reporting

The method of generating reports that reveal a company's financial condition to its management, investors, and governmental bodies.