The Account Most Recently Posted Is Determined Most Efficiently by Referring

question 38

Multiple Choice

The account most recently posted is determined most efficiently by referring to the

• A)Post.Ref.column of the ledger.
• B)balance column of the ledger.
• C)date column of the general journal.
• D)Post.Ref.column of the general journal.

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Definitions:

Indirectly Regulated

Subject to oversight or control by laws or rules not directly focused on the subject matter but still affecting it.

Paralegal Organizations

Professional associations that provide support, education, and advocacy for paralegals and legal assistants.

ABA

Stands for American Bar Association, a professional organization dedicated to improving the legal profession, setting academic standards for law schools, and formulating ethical codes for lawyers.

Minimum Standards

The lowest or least allowed standards, often established by regulations or laws, below which a certain action or material is unacceptable.