Which Statement Is False About Posting

question 60

Multiple Choice

Which statement is false about posting?

• A) Accounts numbers are written in the reference column of the journal.
• B) The explanation space of the ledger account is used infrequently used.
• C) Posting is performed in alphabetical order.
• D) Posting is performed after journalizing.

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Definitions:

Customer

An individual or organization that purchases goods or services from a business.

Goods Made to Order

Products that are manufactured or prepared specifically according to the customer's specifications only after the order is received.

Goods Made to Forecast

Refers to products that are manufactured in anticipation of demand, based on predictions or forecasts of future customer needs.

Mass Customization

A production strategy that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.