Which Statement Is Not True

question 65

Multiple Choice

Which statement is not true?

• A)The journal voucher is the only source of input into the general ledger.
• B)A journal voucher can be used to represent summaries of similar transactions or a single unique transaction.
• C)Journal vouchers are not used to make adjusting entries and closing entries in the general ledger.
• D)Journal vouchers offer a degree of control against unauthorized general ledger entries.

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Definitions:

Ernest Hilgard

A psychologist known for his work on hypnosis and the theory of the "hidden observer" which suggests a split in awareness during hypnosis.

Top-down Processing

The cognitive process that involves using context or general knowledge to interpret information.

Anticipate

To expect or predict something to happen in the future based on current knowledge or instincts.

Unpleasant Tastes

tastes that are perceived as disagreeable, off-putting, or repulsive to the taste buds.