Which of the Following Sequences Is the Normal Sequence of Flow

question 39

Multiple Choice

Which of the following sequences is the normal sequence of flow of accounting data?

• A) Ledger → Journal → Source document
• B) Journal → Source document → Ledger
• C) Source document → Journal → Ledger
• D) Source document → Ledger → Journal

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Definitions:

High Power Distance

A cultural dimension where there is acceptance of unequal power distribution within societies or organizations.

Power Distance

This concept refers to the extent to which less powerful members of institutions and organizations expect and accept that power is distributed unequally.

Venezuela

A country located on the northern coast of South America, known for its significant oil resources, rich cultural history, and recent socio-political issues.

Humane Orientation

A value or perspective that emphasizes compassion, caring, and concern for the well-being of others.