The General Ledger of a Business

question 102

Multiple Choice

The general ledger of a business:

• A)Is a collection of all accounts used in a company's information system.
• B)Must be kept in a computer file.
• C)Is also called the book of original entry.
• D)Is not affected by a company's size and diversity.
• E)Is one of the four financial statements.

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Definitions:

Parts

Components or pieces that when combined form a whole.

Plasticity

The brain's ability to change and adapt as a result of experience, including the formation of new neural connections.

Blind People

Individuals who lack visual perception due to physiological or neurological factors.

Left Hemisphere

The left side of the brain, typically associated with analytical tasks, language processing, and logical reasoning.