Proof That the Dollar Amount of the Debits Equals the Dollar

question 231

Multiple Choice

Proof that the dollar amount of the debits equals the dollar amount of the credits in the ledger means

• A) all of the information from the journal was correctly transferred to the ledger
• B) all accounts have their correct balances in the ledger
• C) only the journal is accurate; the ledger may be incorrect
• D) only that the debit dollar amounts equal the credit dollar amounts

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Definitions:

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To spread or scatter something more widely, often used in the context of spreading ideas, light, or substances over a larger area.

Complexity

The extent to which an organization divides labor vertically, horizontally, and geographically.

Diffusion

The process by which innovations, ideas, or trends spread within a society or from one society to another.

Innovation

The act of implementing novel concepts, techniques, or goods to enhance productivity, efficiency, or gain a competitive edge.