Which of the Following Best Defines the Accounting Data Standards

question 34

Multiple Choice

Which of the following best defines the Accounting Data Standards: General Ledger?

• A) focuses on sales orders, accounts receivable, shipments, invoices, cash receipts and adjustments to accounts.
• B) identifies data needed for purchase orders, goods received, invoices, payments, and adjustments to accounts.
• C) adds the chart of accounts, source listings, trial balance, and GL (journal entry) detail.
• D) defines the format for files and fields as well as some master data for users and business units.

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Definitions:

Los Angeles Riots

A series of violent disturbances in Los Angeles, California, in 1992, triggered by the acquittal of police officers caught on video beating Rodney King.

Acquittal

A legal judgment that formally declares the defendant not guilty of the criminal charges against them.

Physical Environment

The natural or man-made surroundings in which an organism lives, including all living and non-living factors.

Level of Aggression

Describes the intensity or degree of aggressive behavior or attitudes displayed by an individual or group.