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__________ Describes the Degree to Which a Task Is Divided

question 26

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__________ describes the degree to which a task is divided into separate jobs.


Definitions:

Journalizing

The process of recording a transaction entry into the journal.

Business Transactions

Financial activities or exchanges involving the transfer of value between entities or parties, affecting the financial position of a business.

Journal

A listing of business transactions in chronological order. The journal links on one page the debit and credit parts of transactions. Alternatively known as general journal.

Posting

The transferring, copying, or recording of information from a journal to a ledger.

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