Special journals are used to:
A) minimize the amount of entries posted monthly to the general ledger.
B) easily summarize like-kind transactions.
C) reduce the number of entries recorded in the general journal.
D) All of the above are correct.
Answer: D
Business
You might also like to view...
In making product mix decisions under constraining factors, which of the following is the key to choosing the product type to be maximized?
A) revenue per unit B) contribution margin per unit of product C) contribution margin per unit of the constraint D) gross profit per unit using traditional costing
Business
You should include major divisions and ________________ in the table of contents
a. brief descriptions of each division b. locations of key terms c. definitions of key terms d. the next level of subdivisions
Business