To Be Sure That Total Debits and Credits in a Columnar

question 9

Multiple Choice

To be sure that total debits and credits in a columnar journal are equal, before posting we should:

• A) Crossfoot.
• B) Foot.
• C) Journalize.
• D) Post.
• E) Reconcile.

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Definitions:

Point Method

A job evaluation system where different aspects of a job are broken down into factors, each of which is then assigned a score or point value to determine relative worth.

Point Scores

A method used in job evaluation that assigns numeric scores to different aspects of a job's requirements to assess its relative worth.

Correlation Coefficient

A numerical measure that indicates the degree and direction of a relationship between two or more variables, with values ranging between -1 and 1.

Market Pay Line

A graphical line in a compensation analysis showing the relationship between the job's importance or level and the average market pay rate for that job.