Guest and Employee Feedback Can Contribute to the Effectiveness of Training

question 61

True/False

Guest and employee feedback can contribute to the effectiveness of training programs.

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Definitions:

Cash Receipts

The collection of money, including coins, notes, checks, and electronic transfers, received by a business.

Journalizing

The act of recording financial transactions in a company's journal, detailing the accounts that are affected and in which direction.

Posting Process

The act of recording financial transactions in the appropriate accounts within the general ledger.

Debit or Credit Posting

The act of recording an entry on the left (debit) or right (credit) side of a financial account in the accounting ledger.