Which of the Following Is True of the General Journal

question 124

Multiple Choice

Which of the following is true of the general journal?

• A)All transactions recorded in one of the special journals are also recorded in the general journal.
• B)Manual accounting information systems do not need the general journal.
• C)The adjusting entries and the closing entries are recorded in the general journal.
• D)Non-routine transactions are generally not recorded in the general journal.

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Definitions:

Glass Ceiling

An invisible barrier preventing minorities and women from rising to upper echelons of power or leadership in an organization despite their qualifications.

Upper Managers

Individuals who hold top-level positions within an organization, responsible for setting policies, strategic planning, and coordinating the activities of various departments.

High Potential

An individual identified as having the abilities, motivations, and possibility to climb up the organizational hierarchy significantly.

Diversity Management

The practice of acknowledging, understanding, accepting, valuing, and celebrating differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice, and public assistance status.