The Process of Copying the Information from the Journal to the Ledger

question 79

Multiple Choice

The process of copying the information from the journal to the ledger is called:

• A) posting.
• B) summarizing.
• C) journalizing.
• D) preparing the financial statements.

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Definitions:

Software Similarities

The characteristics or features that make different software applications appear alike or function in comparable ways.

Cross-chain Visibility

The ability to view and track a product or component across multiple stages and entities within the supply chain.

Real-time Information

Data that is available immediately after collection, with no delay in the timeliness of the information provided.

Collaborative Decisions

Decision-making processes or actions that involve multiple stakeholders working together to achieve a consensus or shared outcome.