A specialized journal

A) is used to record infrequent or non-routine transactions.
B) simplifies the process of recording large numbers of repetitive transactions.
C) records all detailed data for any general ledger account that has individual sub-accounts.
D) contains summary-level data for every account of the organization.

Answer: B

Business

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Indicate whether the statement is true or false

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Identify the item below that is not a step you could take to prevent yourself from becoming a victim of identity theft

A) Shred all documents that contain your personal information. B) Only print your initial and last name on your personal checks. C) Monitor your credit reports regularly. D) Refuse to disclose your social security number to anyone or any organization.

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