The General Ledger

question 65

Multiple Choice

The general ledger

• A) is the initial place to record general expenses.
• B) is posted in total to the general journal.
• C) only includes balance sheet accounts.
• D) summarizes the transactions in journals.

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Definitions:

Repressor

A protein that binds to specific DNA sequences, preventing or reducing the transcription of certain genes.

Allosteric Site

A region on an enzyme that is distinct from the active site and can bind regulatory molecules to change the enzyme's activity.

cAMP

Cyclic adenosine monophosphate, a second messenger important in many biological processes.

Lac Operon

A gene regulatory system found in bacteria and some other organisms that regulates the metabolism of lactose, involving an operon required for the transport and metabolism of lactose.