Which of the Following Statements Is True

question 14

Multiple Choice

Which of the following statements is true?

• A)If a debit entry is made to an account in the general journal,the same account will receive a credit entry when the amount is posted to the general ledger.
• B)If all transactions are correctly posted to the general ledger,the sum of the debit balances will be equal to the sum of the credit balances.
• C)Posting occurs when numbers in the general ledger accounts are transferred to the general journal.
• D)If the sum of the debit balances equals the sum of the credit balances,then there were no mistakes made in the posting process.

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Definitions:

Working Alone

The act of completing job tasks and responsibilities without the direct involvement of other individuals.

Social Loafing

The tendency of some people to avoid responsibility by ‘free‐riding’ in groups.

Poor Work Ethics

The lack of commitment to professionalism and responsibility in the workplace, often resulting in substandard work performance.

Anti-Synergy

A situation in which the combined effect of a group or system's parts is less beneficial than the sum of their individual effects.