The Proper Sequence of Activities in a Manual Accounting System

question 83

Multiple Choice

The proper sequence of activities in a manual accounting system is:

• A) journalize, summarize, post
• B) journalize, post, summarize
• C) post, journalize, summarize
• D) post, summarize, journalize

---

Definitions:

Major Client Accounts

High-value customer accounts that are crucial to a business's revenue, often receiving special attention and service.

Power Bases

The sources of influence and authority an individual or organization possesses, which can include factors like expertise, control of resources, and formal positions.

Social Capital

The networks, relationships, and social connections that provide individuals and groups with valuable resources, information, and support.

Sources of Power

The origins from which an individual or organization derives the ability to influence others, such as authority, knowledge, or relationships.