Because Companies Use Special Journals,the Use of the General Journal

question 112

True/False

Because companies use special journals,the use of the General Journal is optional.

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Definitions:

Formal Minutes

The official record of the discussions and decisions made during a meeting, prepared in a structured and standardized format.

Institute of Internal Auditors

An international professional association that serves as the global voice and advocate for the internal audit profession, promoting standards and education.

Motions

Formal proposals presented for debate or decision in a meeting or legislative assembly.

Factual Information

Information based on real, objective facts or data, without interpretation or opinion.