Which of the Following Statements Is Characteristic of the Accounting

question 186

Multiple Choice

Which of the following statements is characteristic of the accounting cycle?

• A) An entry in a general ledger account can be traced to the trial balance by referring to the page listed in the posting reference column of that ledger account.
• B) The posting of an amount recorded in the general ledger can be verified by referring to the account number listed in the posting reference column on that line in the general journal.
• C) Business transactions are recorded first in the general ledger; then that information is transferred to the general journal.
• D) No explanation is needed for each entry in the general ledger.

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Definitions:

Maltreatment

Refers to improper or cruel treatment, often discussed in contexts such as child abuse, elder abuse, or animal cruelty.

Stranger Anxiety

A fear or distress that infants commonly exhibit around strangers, typically emerging around 6 months of age and peaking around the first year.

Separation Anxiety

A disorder characterized by excessive fear or anxiety about separation from home or attachment figures.

Attachment

The emotional bond that forms between individuals, especially from a young age, influencing their relationships in the future.