A Complete Record of Each Transaction in One Place Is

question 89

Multiple Choice

A complete record of each transaction in one place is called a(n) :

• A)Account balance.
• B)Ledger.
• C)Journal.
• D)Trial balance.
• E)Cash account.

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Definitions:

Narrow Span

a management structure where a supervisor oversees a small number of subordinates, allowing for close supervision and control.

Organizational Complexity

relates to the various interconnected components within an organization, including its structure, processes, and dynamics that determine its level of intricacy.

Mechanistic Structure

A highly formal organizational structure characterized by rigid hierarchy, clear divisions of labor, and centralized decision-making.

Decentralization

The distribution of decision-making powers from a central authoritative location or group across various levels or sectors within an organization.