Special Journals Are Used To

question 18

Multiple Choice

Special journals are used to:

• A)minimize the amount of entries monthly to the general ledger.
• B)easily summarize like-kind transactions.
• C)reduce the number of entries recorded in the general journal.
• D)All of the above are correct.

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Definitions:

Intranet

A private network accessible only to an organization's staff, often containing company-specific tools and resources.

Transport Layer Security

A cryptographic protocol designed to provide secure communication over a computer network.

Credit Card

A payment card issued to users as a method of payment allowing the cardholder to pay for goods and services based on the cardholder's promise to pay for them.

Whitelisting

A process in which a company identifies acceptable software and permits it to run, and either prevents anything else from running or lets new software run in a quarantined environment until the company can verify its validity.