The Process of Transferring Amounts from the Book of Original

question 142

Multiple Choice

The process of transferring amounts from the book of original entry into specific account records is referred to as

• A)Journalizing
• B)Posting
• C)Analyzing
• D)Classifying

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Definitions:

Contributory Negligence

A legal doctrine that can reduce the plaintiff's damages if they are found to have contributed to their own harm, even partially.

Strict Liability

A legal doctrine holding an individual or entity responsible for damages or harm caused by their actions or products, regardless of fault or intent.

Defenses Available

A rewording of legal strategies or claims that can be used by a defendant to reduce liability or dismiss a lawsuit.

Strict Liability

Refers to legal responsibility for damages or injury, even if the person found strictly liable was not at fault or negligent.