Entries to update the general ledger are often documented by which of the following?

A) general journal
B) subsidiary journal
C) subsidiary ledgers
D) journal vouchers

Answer: D) journal vouchers

Business

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Nora Damus reviews her forecasting triumphs and failures as part of her annual report to the Chief Operating Officer. She notes that her monthly forecast for batteries has a mean forecast error of 20, and a mean absolute deviation of 20

Which of the following statements about her forecast is BEST? A) Nora has miscalculated her mean forecast error. B) Nora has miscalculated her mean absolute deviation. C) Nora has a negative tracking signal. D) Nora has a positive tracking signal.

Business

Alderfer and Maslow would disagree over which of the following situations?

A) If Kristy isn't able to develop her abilities further at her job, she will increase the amount of effort she puts into relationships with co-workers. B) If Tom is able to live comfortably, he will attempt to fill higher needs such as needs to have good relationships with others. C) Julie, a wealthy widow, goes to work to satisfy her needs to develop her own abilities. D) Ralph is most concerned with satisfying his needs to make friends and have social connections.

Business