A ________ Is a Specialized Accounting Book, Where Transactions Are

question 165

Multiple Choice

A ________ is a specialized accounting book, where transactions are categorized according to type. For example, all utility transactions are recorded in the same category.

• A) journal
• B) trial balance
• C) ledger
• D) balance sheet

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Definitions:

Absolute Value

Absolute value refers to the non-negative value of a number without regard to its sign; it's the distance of a number from zero on a number line.

Experiment

A method of testing hypotheses by deliberately manipulating variables in a controlled environment to observe and measure the effect on certain outcomes.

Data Mining

The practice of analyzing large sets of data to discover patterns, trends, and useful information.

Predictive Analysis

Using data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data.