The Proper Order for the Accounting Process Is

question 1

Multiple Choice

The proper order for the accounting process is:

• A)posting,transaction occurs,journalizing.
• B)transaction occurs,posting,journalizing.
• C)transaction occurs,transaction analyzed,journalizing,and posting.
• D)transaction occurs,posting,transaction analyzed,journalizing.

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Definitions:

Dividends Low

A situation where a company chooses to distribute a relatively small portion of its earnings to shareholders as dividends.

Terms

Conditions and stipulations that govern the agreement or contract between parties, often detailing the obligations, rights, and responsibilities of each party.

Automatic Dividend Reinvestment

A feature that allows shareholders to automatically use their dividend payments to purchase additional shares of the stock, usually without a commission.

Additional Shares

Newly issued stock by a company, which increases the total number of shares outstanding and dilutes the ownership percentage of existing shareholders.