This topic contains a solution. Click here to go to the answer

Author Question: Identify the most correct statement with regard to how the various accounting subsystems update the ... (Read 27 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
Identify the most correct statement with regard to how the various accounting subsystems update the general ledger.
◦ Individual journal entries for each accounting subsystem transaction update the general ledger every 24 hours.
◦ Summary journal entries that represent the results of all transactions for a certain time period are used to update the general ledger.
◦ The controller or treasurer must approve accounting subsystem journal entries before any updating may occur.
◦ Nonroutine transactions are entered into the system by the treasurer's office.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by melina_rosy on Apr 8, 2019

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly





 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library