The Accounting Process of Copying of Amounts from the Journal

question 153

Multiple Choice

The accounting process of copying of amounts from the journal to the appropriate ledger accounts is referred to as:

• A) journalizing
• B) footing
• C) balancing
• D) posting

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Definitions:

Ambiguity

The quality of being open to more than one interpretation; lack of definiteness or certainty in meaning.

Nonconformity

The action or practice of not following prevailing norms, rules, or practices, often to assert individuality or promote change.

Frustration-Aggression

A theory suggesting that the occurrence of aggressive behavior is due to frustration when an individual's goal is blocked.

Interpersonal Conflict

Interpersonal conflict occurs when two or more individuals have differing views, interests, or goals that clash, leading to discord or disagreement.