Once an Amount Has Been Posted to the General Ledger

question 40

Multiple Choice

Once an amount has been posted to the general ledger account from the combination journal,what is entered in the "Post.Ref." column of the combination journal?

• A) the abbreviation "CJ"
• B) your initials
• C) a check mark
• D) the account number

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Definitions:

Recency Effect

A cognitive bias that places more importance on the most recent information received over earlier data.

Long List

A comprehensive enumeration or cataloging of items, which can be used for reference, comparison, or decision-making.

Other Party's Outlook

The perspective or viewpoint of the opposing side in a negotiation or dialogue.

Designing Solutions

The process of creating answers or methods to solve specific problems or meet desired needs.