SWOT Analysis Refers to the Systematic and Regular Monitoring of Environmental

question 23

True/False

SWOT analysis refers to the systematic and regular monitoring of environmental factors influencing the organization.

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Definitions:

Subsidiary Ledger

A detailed ledger containing all account details and transactions for individual component accounts that roll up into a general ledger summary account.

Special Journals

Accounting books designed for recording specific types of transactions in a detailed and efficient manner.

Purchases Journal

A special journal that records all purchases of merchandise on account.

Merchandise

Goods purchased for resale to customers in the ordinary course of a business's operations.