The Benefits of the Web as a Data Access Platform

question 35

True/False

The benefits of the web as a data access platform arise from its cross-platform functionality and the simplicity of its interface.

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Definitions:

Purchases Journal

A specialized accounting journal used to record all purchases of merchandise, supplies, or other goods on credit.

Correcting Entries

Adjustments made in accounting records to amend errors or omissions.

General Journal

A fundamental accounting document where all kinds of financial transactions are initially recorded before they are transferred to specific accounts in the ledger.

Special Journal

A type of accounting journal designed for recording a specific type of transaction in a more efficient manner.