The General Ledger System of an Organization Should Be Designed

question 54

Multiple Choice

The general ledger system of an organization should be designed to serve the information requirements of both internal and external users.This means that the system should support

• A)producing expansive regular periodic reports to cover all information needs.
• B)the real-time inquiry needs of all users.
• C)producing regular periodic reports and respond to real-time inquiry needs.
• D)access by investors and creditors of the organization to general ledger balances.

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Definitions:

Wells And Twenge

Researchers known for their work on psychology topics, although not defining a specific theory or concept as a standalone term.

Indirect Aggression

A form of aggression where harm is caused to another person through manipulation or gossip rather than physically.

Spreading Gossip

The act of sharing information, often of a personal or private nature, about others without their consent, typically resulting in negative or harmful effects.

Verbal Ability

The capacity to use language effectively and understand, interpret, and express oneself through written and spoken words.