The Four "D's" of an Action Plan Are: Data Gathering

question 20

Short Answer

The four "D's" of an action plan are: data gathering, devising an action plan, delivering the action plan, and _____________.

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Definitions:

Purchases Journal

A financial record keeping a chronological list of all purchases made by a business, especially on credit.

General Ledger

A comprehensive record of all financial transactions that occur within a company, used to compile financial statements.

Posting

The procedure of transferring journal entries to the ledger accounts.

Adjusting Entries

Journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.