A General Journal Is

question 206

Multiple Choice

A general journal is:

• A) A ledger in which amounts are posted from a balance column account.
• B) A complete record of all transactions in chronological order from which transaction amounts are posted to the ledger accounts.
• C) Not required if T-accounts are used.
• D) A book of final entry because financial statements are prepared from it.
• E) Not necessary in electronic accounting systems.

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Definitions:

EEOC

Equal Employment Opportunity Commission, a U.S. federal agency that administers and enforces civil rights laws against workplace discrimination.

Disparate Treatment

Refers to unequal behavior towards an individual or group based on protected characteristics such as race, age, or gender, violating anti-discrimination laws.

Title VII

A section of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, or national origin.

Basis of Race

A consideration or judgement made regarding individuals or groups specifically related to their racial background.