Johanna Cooper Recently Wrote a Report for Her Manager for Which

question 52

Multiple Choice

Johanna Cooper recently wrote a report for her manager for which she received a response saying,"The report had all the information I needed but the document was wordy." She now needs to edit the report and send it back with necessary corrections.Which of the following sentences in her report should Cooper edit or replace?

• A) Lack of education is a reason for low economic development in Ghana.
• B) Low economic development results in poverty and malnutrition.
• C) Poverty can be tackled by community development in rural areas.
• D) Poverty and low economic growth are directly proportional.
• E) A good education system in every country can tackle and resolve many major problems of the world.

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Definitions:

Subsidiary Accounts

Subsidiary accounts are detailed records that support or explain the balances in one or more general ledger accounts.

Control Account

A general ledger account that summarizes the total amounts recorded in subsidiary ledgers for individual components, like accounts receivable or payable.

Special Journals

Accounting journals designed for recording a specific type of transaction in a detailed manner, such as sales or purchases.

General Journal

A bookkeeping journal where all types of financial transactions are initially recorded, before being transferred to specific accounts in the general ledger.