Which of the Following Is Not a General Ledger Software

question 15

Multiple Choice

Which of the following is not a general ledger software package?

• A) Excel
• B) Reckon
• C) Xero
• D) MYOB

Analyze the liquidity of a company through the receivables turnover ratio.

Recognize important considerations and steps in managing accounts receivable.

Understand the importance and roles of internal controls in a company's financial practices.

Recognize the importance of segregation of duties and its impact on preventing fraud and errors in financial statements.

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Definitions:

Planned Organizational Change

A deliberate effort to modify procedures, policies, or the structure of an organization to achieve improved effectiveness.

Goal-Oriented Change

Change that is specifically aimed at achieving certain objectives or outcomes.

Organizations

Groups of individuals structured and managed to meet a need or pursue collective goals.

Globalization

The method through which companies or various organizations gain international impact or begin functioning globally.