In Accounting, the Process of Posting Involves Transferring Data from The

question 128

Multiple Choice

In accounting, the process of posting involves transferring data from the:

• A)ledger to the journal.
• B)journal to the ledger.
• C)source documents to the ledger.
• D)source documents to the journal.

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Definitions:

Descriptive Statistics

Statistical procedures that summarize, organize, and simplify data through numerical summaries, tables, and graphs.

Sample

A subset of a larger population selected for measurement, observation, or questioning to make inferences or predictions about the whole population.

Business Majors

Students specializing in business-related disciplines such as finance, marketing, management, or accounting during their tertiary education.

Population

The entire group of individuals or instances about whom the study is concerned, from which a sample may be drawn for analysis.