Long-Term Objectives Are Principally Attained Through

question 11

Multiple Choice

Long-term objectives are principally attained through:

• A) Annual goals
• B) Functional strategies
• C) Short-term goals
• D) Grand strategy

---

Definitions:

Journalized

The process of recording transactions in the accounting journals as part of the accounting cycle.

Trial Balance

A bookkeeping worksheet listing the balances of all ledgers in two columns, debits, and credits, to ensure entries are recorded correctly.

Journal Amounts

Journal amounts represent the values recorded in a financial journal, depicting transactions in monetary terms for accounting purposes.

Ledger Accounts

Records that summarize all transactions related to a specific account within an accounting system.