Which of the Following Is NOT a Recommended Format for Writing

question 50

Multiple Choice

Which of the following is NOT a recommended format for writing a date in an international business document?

• A)2/10/08
• B)10.2.2008
• C)10 February 2008
• D)All are recommended formats.

Understand the evaluation of managerial performance and departmental efficiency using financial measures like return on investment (ROI).

Acknowledge the significance of support department allocation rates and their impact on divisions.

Understand how investment decisions and profit margins influence the overall performance of responsibility centers.

Understand the concept of controllable expenses and their impact on profitability.

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Definitions:

Special Journal

A special journal is a financial journal in accounting that is used to record and categorize specific types of transactions such as sales, purchases, cash receipts, and cash disbursements.

Special Journal

A specialized accounting journal designed to record and summarize specific types of transactions efficiently.

Post. Ref.

A reference column in a journal entry that indicates the ledger account number where the entry appears, aiding in the tracking of transactions.

Posting Process

The act of transferring entries from the journal to the ledger accounts in bookkeeping.