The Control Goal Called Ensure ______________________________ Is a Measure of the Productivity

question 58

Short Answer

The control goal called ensure ______________________________ is a measure of the productivity of resources applied to achieve a set of goals.

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Definitions:

Purchases Journal

The purchases journal is a specialized accounting ledger that tracks all purchase transactions of a business, including inventory purchases on credit.

Supplies Account

An account in the general ledger that records the amount spent on supplies that are used in the operation of a business.

General Journal

A ledger where all financial transactions of a business are initially recorded using double-entry bookkeeping.

Purchases Journal

A financial journal used to record all purchases of goods and services on credit.