A compound journal entry has more than two accounts, but the total dollar value of the debits still must equal the total dollar value of the credits.

A personal credit card statement does not contain which of the following?

A) Previous balance B) Current balance C) Account number D) Who purchased the item

All of the following can be considered managerial responsibilities except:

A) making action plans to solve organizational problems. B) creating new products and services. C) designing new information systems. D) allocating human resources to coordinate the work to be done. E) setting strategy for responding to business challenges in the environment.