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.

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Definitions:

Landrum-Griffin Act

Also known as the Labor-Management Reporting and Disclosure Act of 1959, it is a statute that aims to protect union members' rights and improve unions' democratic governance and financial integrity.

Democratic Standards

Criteria or guidelines used to assess the degree to which organizations or societies operate based on democratic principles, such as inclusivity, participation, and fairness.

Union Financial Activities

Refers to the various financial operations and transactions conducted by a labor union, including dues collection, budgeting, and funding of activities.

NLRB Violations

Illegal actions or practices by employers or labor unions that infringe upon the rules and regulations set forth by the National Labor Relations Board.