Posting a Transaction Means ________

question 89

Multiple Choice

Posting a transaction means ________.

• A) calculating the balance in an account
• B) transferring data from the journal to the ledger
• C) preparing a summary of account balances
• D) finding the account number in the chart of accounts

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Definitions:

ROE

Return on Equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively a company uses investments to generate earnings growth.

P/E Ratio

Price to Earnings Ratio, a valuation metric comparing a company's market share price to its per-share earnings.

Stock Price

The cost of purchasing a share of a company's stock, representing the market's value of a share of the company's equity.

Days Sales Outstanding

A measure of how long it takes a company to collect payment after a sale has been made, indicating the efficiency of the company's credit and collection policies.