Posting Is the Process Of

question 35

Multiple Choice

Posting is the process of:

• A)Transferring debit and credit entries from the journal into the appropriate ledger accounts.
• B)Determining that the dollar amount of debit entries recorded in the ledger is equal to the dollar amount of credit entries.
• C)Entering information into a computerized data base.
• D)Preparing journal entries to describe each business transaction.

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Definitions:

Formal Operational

A stage of cognitive development in which individuals become capable of abstract thinking and logical reasoning.

Concrete Operational

A stage in Piaget's theory of cognitive development where children gain the ability to think logically about concrete events.

Preoperational

A stage in Piaget's theory of cognitive development, occurring from approximately ages 2 to 7, characterized by symbolic thought and egocentrism but a lack of operational logic.

Sensorimotor

Referring to the developmental stage in infants where they explore the world and learn through physical interactions, involving both sensory experiences and motor activities.