Which of the Following Accounting Systems Includes a Daily Journal

question 20

Multiple Choice

Which of the following accounting systems includes a daily journal or log, patients' statements, ledgers, checks, and disbursement records?

• A)Single entry
• B)Double entry  
• C)Pegboard
• D)Computerized

---

Definitions:

Budget Line

Represents all the combinations of two goods that a consumer can afford given their prices and the consumer's income.

Indifference Curve

A graphical representation showing combinations of goods or services among which a consumer is indifferent, reflecting their preferences.

Money Income

The total amount of monetary earnings received by an individual or household, including wages, salaries, and other income sources.

Indifference Curve

A graphical representation that shows different combinations of two goods or services among which a consumer is indifferent, meaning the consumer has no preference for one combination over another.