The General Ledger

question 13

Multiple Choice

The General Ledger:

• A)Is always provided to external users for decision making
• B)Provides the quickest way to communicate financial information
• C)Is a collection of all of the company's accounts and account activity
• D)None of these

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Definitions:

Vernix Caseosa

A white creamy biofilm covering the skin of the fetus during the last trimester of pregnancy, protecting the newborn's skin.

Lanugo

Fine, soft, unpigmented fetal hair.

Colostrum

Thin, white fluid; the first milk secreted by the breast at the termination of pregnancy; contains less fat and lactose than the milk secreted later.

Fetal Hair

Also known as lanugo, it is the fine, soft hair that covers the body of a fetus as a form of insulation.