The Accounting Process of Copying a Transaction from the Journal

question 88

Multiple Choice

The accounting process of copying a transaction from the journal to the ledger is called:

• A) journalizing.
• B) posting.
• C) proofing.
• D) footing.

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Definitions:

Objective Magnifies

In an analytical or scientific context, this refers to how an objective lens on a microscope increases the apparent size of an object being observed.

Quality Assurance Program

A systematic approach to ensure that a product or service meets specified requirements and customer expectations through planned and systematic activities.

Testing Procedures

Standardized methods used to evaluate the performance, quality, or reliability of a product, material, or system.

Physician's Office Laboratory

A lab facility within a physician's office used for onsite basic diagnostic tests and analysis.