Currency Includes

question 52

Multiple Choice

Currency includes

• A)paper bills and coins.
• B)demand deposits.
• C)credit cards.
• D)Both (a)and (b)are correct.

Acknowledge the significance of human resources in achieving organizational mission and strategies.

Recognize the process and importance of human resource planning in aligning HR strategies with organizational objectives.

Understand the recruitment process and its significance in acquiring a quality workforce.

Comprehend the challenges and trends impacting HRM practices in contemporary organizations.

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Definitions:

Special Journals

Accounting journals designed for recording and categorizing specific types of transactions for efficiency and specialization.

Posting Process

The accounting procedure of transferring journal entry information to the ledger to update account balances.

General Ledger

The General Ledger is a complete record of all financial transactions over the life of a company, organized by accounts.

Sales Journal

is a specialized accounting journal used to record all sales transactions of a business on credit.