Properly Posting of Transactions Involves

question 71

Multiple Choice

Properly posting of transactions involves:

• A) posting the correct amount.
• B) posting in the correct period.
• C) posting in the correct account.
• D) All of the above.

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Definitions:

Executive Privilege

Executive privilege is the power claimed by the president of the United States and other members of the executive branch to resist certain subpoenas and other interventions by the legislative and judicial branches of government to access information and personnel relating to the executive branch.

Executive Order

A directive issued by the president of the United States that manages operations of the federal government and has the force of law.

Executive Orders

Directives issued by the U.S. President that manage operations of the federal government.

Regulatory Review

The process by which governmental agencies evaluate and possibly revise regulations to ensure their effectiveness, efficiency, and compliance with policy objectives.