Entries into the General Ledger System (GLS) Can Be Made

question 33

Multiple Choice

Entries into the General Ledger System (GLS) can be made using information from

• A) the general journal
• B) a journal voucher which represents a summary of similar transactions
• C) a journal voucher which represents a single, unusual transaction
• D) all of the above

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Definitions:

Corn Dogs

A popular snack consisting of a hot dog coated in a thick layer of cornmeal batter and deep-fried.

Marginal Utility

The additonal satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Total Utility

The total satisfaction or benefit gained from consuming a particular quantity of goods and services.

Maximum

The highest point on a nonlinear curve, where the slope changes from positive to negative.