Before the TAB Work Can Begin, It Is Important to Know

question 10

Short Answer

Before the TAB work can begin, it is important to know what the __________ for the system are.

Comprehend the principles of graphic design and their application.

Select appropriate visuals for presenting specific data sets.

Explain the structure and utility of organizational charts.

Articulate guidelines for constructing effective pie charts.

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Definitions:

Posting

The process of recording financial transactions in the ledger from the journal in accounting.

Journalized Transactions

The formal recording of financial transactions in the accounting journals as part of the double-entry bookkeeping system.

Ledger Accounts

Records within a ledger that show the transaction history and current balance of each account.

Owner's Drawings Account

An account that tracks the amount of money a business owner withdraws from the company for personal use.