To Familiarize Yourself with the Commands Available in an Office

question 28

Multiple Choice

To familiarize yourself with the commands available in an Office Web App, open the file and then review the commands on each tab on the ____.

• A) title bar
• B) Ribbon
• C) Home
• D) Edit

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Definitions:

Periodic System

An inventory system that updates inventory and cost of goods sold at the end of each accounting period.

Vouchers Payable

A liability account in the general ledger that represents the controlling account for the sum of individual vouchers.

Voucher Register

A special journal replacing the purchases journal; it records prenumbered vouchers at the time the liabilities are incurred.

Check Register

A special journal that replaces the cash payments journal in recording payments of vouchers.