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The explosive confrontations between management and workers attempting to organize themselves to offset the power of the employer led most governments to pass laws that would create and maintain labour peace. Which of the following is false with regard to collective bargaining legislation?
Posting Reference
An identifier or code that links journal entries to the relevant accounts in the general ledger, facilitating tracking and auditing.
Journal
A record where all of a company's financial transactions are initially documented in chronological order.
Posting Process
The act of transferring journal entries to their respective accounts in the ledger.
Journal Page Number
A reference number used in accounting to denote the specific page in a journal where transactions are recorded.
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