When the U

question 2

Multiple Choice

When the U.S.Supreme Court has ________ it acts as a trial court.

• A)exclusive jurisdiction
• B)original jurisdiction
• C)limited jurisdiction
• D)concurrent jurisdiction

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Definitions:

Accounting Systems

Procedures and systems used by a business to keep track of its financial transactions and prepare financial statements.

Double-Entry

An accounting method of recording transactions that provides an equality of debits and credits. Using the double-entry.

Single-Entry

A simple bookkeeping or accounting method where transactions are recorded only once, either as income or expense.

Pegboard

A manual bookkeeping system that uses a lightweight board with pegs on the left side and often on the top and right side too. Components of the pegboard system include a physician’s day sheet, transactions slip, patient ledger card, and deposit slip.