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:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for response to stress or emergency situations by increasing heart rate, blood flow, and releasing adrenaline.

Physiological Effects

The changes or responses within the body resulting from external or internal stimuli, affecting its normal physical functions.

Emotions

are complex psychological states that involve a subjective experience, a physiological response, and a behavioral or expressive response.

Personal Space

An individual's physical area surrounding them in which encroachment can feel uncomfortable or threatening.