Operational Databases Store the Detailed Data Needed to Support the Business

question 89

Multiple Choice

Operational databases store the detailed data needed to support the business processes and operations of a company. They are also called _______________.

• A) Subject area databases
• B) Transaction databases
• C) Production databases
• D) All of the choices are correct.

Understand the role of source documents in the accounting process.

Master the process of transferring journal entries to ledger accounts.

Know how to prepare and interpret financial statements from ledger accounts.

Understand the process and importance of posting journal entries to ledger accounts.