The Posting Reference Column in the General Ledger Is Used

question 62

Multiple Choice

The posting reference column in the general ledger is used to show the source journal for the transaction. Which of the following symbols is commonly used as a posting reference to refer to page 5 of the cash receipts journal?

• A) CRJ5
• B) 5CR
• C) R5
• D) C5R

Recognize the evolving trends and future directions in logistics and supply chain management, including specialization and narrowing of service offerings.

Acknowledge the critical role of continuous improvement and innovation in maintaining successful 3PL relationships.

Understand the significance of financial considerations, including costs and benefits, in utilizing 3PL and 4PL services.

Understand the common drivers and facilitators of successful supply chain relationships.

---

Definitions:

Production Possibilities Curve

A graphical representation showing the maximum quantity of goods that can be produced using limited resources to the fullest extent, at a given technology level.

Maximum Combinations

Maximum combinations represent the highest number of product or service bundles that can be produced or offered given a set of resources and technology.

Linear Equation

A mathematical expression that represents a straight line when plotted on a graph, typically in the form y = mx + b.

Vertical Intercept

The point at which a line meets the vertical axis of a graph.