Which of the Following Is NOT an Advantage of the Cash

question 89

Multiple Choice

Which of the following is NOT an advantage of the Cash Payment Journal?

• A) Transactions are recorded on one line.
• B) Transactions involving credits to cash are recorded in one place.
• C) Special columns are not used in this journal.
• D) The Cash credit side can be posted as one total.

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Definitions:

Rational Leader

A leader who makes decisions based on logic, analysis, and objectivity.

Conflicts of Interest

Situations where an individual's personal interests could improperly influence their professional duties or decisions, potentially leading to biased outcomes.

Personal Interests

Activities, subjects, or pursuits that an individual enjoys or finds significant on a personal level.

Socially

In a manner that involves or relates to society, its organization, or its activities.