A Company's Ledger Is

question 169

Multiple Choice

A company's ledger is:

• A) A list of all accounts a company uses with an assigned identification number.
• B) A collection of documents that describe transactions and events entering the accounting process.
• C) A record containing increases and decreases in a specific asset, liability, equity, revenue, or expense item.
• D) A journal in which transactions are first recorded.
• E) A record containing all accounts and their balances used by the company.

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Definitions:

Negative Instrumentality

The perception that effort will not lead to the desired performance or reward outcomes.

Expectancy Theory

A hypothesis in motivational theory stating that the strength of an individual's motivation to perform a particular action is determined by their expectation that the action will lead to a specific outcome and the value they place on that outcome.

Required Task

The responsibilities and duties assigned to an employee as part of their job role.

Organizational Justice

The perception of fairness within an organization, influencing employee satisfaction, motivation, and productivity.