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Author Question: Not all journal entries affect cash flow. Adjusting entries that reflect events that have already ... (Read 83 times)

futuristic

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on: Apr 8, 2019

Question 1

Who should provide the adjusting entries in a well-designed general ledger and reporting system?
◦ Various user departments.
◦ The treasurer department.
◦ Anyone who has access to the other major AIS subsystems.
◦ The controller office.

Question 2

Not all journal entries affect cash flow. Adjusting entries that reflect events that have already occurred, but have no effect on cash, are classified as
◦ accruals.
◦ deferrals.
◦ revaluations.
◦ corrections.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by futuristic on Apr 8, 2019

raenoj

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Reply #1 on: Apr 8, 2019
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.
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futuristic

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Reply 2 on: Apr 8, 2019
Great answer, keep it coming :)

rachel

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Reply 3 on: Yesterday
Excellent

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