When Updating the General Ledger,sales,purchases,and Production Are Examples of ________

question 37

Multiple Choice

When updating the general ledger,sales,purchases,and production are examples of ________ entries,and issuance or retirement of debt and the purchase or sale of investment securities are examples of ________ entries.

• A)adjusting;controller originated
• B)accounting subsystem;treasurer originated
• C)adjusting;special journal
• D)controller generated;special journal

---

Definitions:

Marketing Channel

The route or pathway through which goods and services travel from the producer to the consumer.

Economically Significant

Having a substantial impact or effect on the economy or financial markets, often influencing trends, policies, or decisions.

Referent Power

A form of influence where a person or group attracts others and builds loyalty based on charisma and personal traits.

Walmart

A multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.