In the Expenditure Cycle,general Ledger Does Not

question 92

Multiple Choice

In the expenditure cycle,general ledger does not

• A)post the journal voucher from the accounts payable department
• B)post the account summary from inventory control
• C)post the journal voucher from the purchasing department
• D)reconcile the inventory control account with the inventory subsidiary summary

---

Definitions:

Natural Science

The branch of science that deals with the physical world, including physics, chemistry, geology, and biology.

Economic Analysis

Economic Analysis is the systematic approach to examining the allocation of resources, encompassing various methods to study economic systems, policies, and principles.

Poverty

is the state of having insufficient material possessions or income for a person's basic needs.

Marginal Time

The additional time required to produce one extra unit of output or complete an additional activity.