Which of the Following Is TRUE of Posting Entries from a Cash

question 38

Multiple Choice

Which of the following is TRUE of posting entries from a cash payments journal?

• A) Entries in the cash payments journal are posted monthly to the accounts payable subsidiary ledger and daily to the general ledger.
• B) The postings of accounts payable are credits and increase the balance in the individual accounts payable account.
• C) After posting the payment of accounts payable, a check mark is entered in the cash payments journal and the posting reference is printed in the subsidiary ledger.
• D) At the end of the month, each column is totaled and the totals, including the Other Accounts DR column, are posted to the specific general ledger accounts.

Analyze the impact of natural resources and geography on the development of ancient civilizations.

Understand the fundamentals of statistical process control (SPC) and its importance in quality control.

Calculate and interpret control limits and process capabilities in different control chart types (e.g., X-bar, R-chart, p-chart, and c-chart).

Analyze sample data to determine if a process is in statistical control.

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Definitions:

M'Naghten Rule

A legal principle used to determine whether a defendant was mentally capable of understanding the nature of their actions at the time of their crime, influencing criminal responsibility.

Uncontrollable Impulse Rule

A legal defense arguing that a defendant was unable to control their actions due to an overwhelming impulse, leading to criminal behavior.

Durham Rule

A legal standard used to determine insanity, which states that a defendant is not criminally responsible if their unlawful act was the product of mental disease or defect.

American Law Institute (ALI) Rule

A guideline used in the legal system that includes considerations of mental illness in the determination of criminal responsibility.