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Which statement is FALSE?
Special Journals
Accounting journals designed for recording specific types of transactions in a detailed manner, such as sales or purchases.
Control Accounts
A summary account in the general ledger that consolidates and controls the detailed data recorded in subsidiary ledgers.
Electronic Invoice Form
An invoice document sent digitally, often through email or a web service, to request payment for goods or services rendered.
Vertical Analysis
A financial statement analysis method where each entry for a given year is presented as a percentage of a total figure.
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