In Which Type of Comparison Is Each Criterion Compared Directly

question 63

Multiple Choice

In which type of comparison is each criterion compared directly to other criterion?

• A) relative
• B) specific
• C) absolute
• D) attainable

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Definitions:

General Ledger

The main accounting record of a company which uses double-entry bookkeeping, consisting of all balance sheet and income statement accounts.

Sales Journal

A specific type of journal used to record the sales of goods or services on credit.

General Journal

An accounting ledger where all types of transactions are initially recorded before being transferred to specific accounts.

Subsidiary Ledger

A detailed ledger that contains account information relating to specific areas like accounts receivable or payable, supporting the general ledger.