1. When collecting data, companies must remember that data collected must be relevant and Group of answer choices b. Redundant for emphasis a. Important for decision making d. None of the above c. Efficiently collected

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Chapter16: The General Ledger And Business Reporting (gl/br) Process
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1. When collecting data, companies must remember that data collected must be relevant and

Group of answer choices
b. Redundant for emphasis
a. Important for decision making
d. None of the above
c. Efficiently collected
 
2. Credit sales of assets other than inventory are often recorded in the
Group of answer choices
general journal.
cash payments journal.
sales journal.
cash receipts journal
 
3. Which of the following documentation uses vertical segregation for each departments?
Group of answer choices
d. None of the above
a. System Flowchart
b. Data Flow Diagram
c. Program Flowchart
 
4. In flowcharting computer processes, a jagged line signifies
Group of answer choices
a. Process Flow
d. Compute Process
b. Real Time Connection
c. Terminal input
 
5. If a transaction cannot be recorded in a special journal
Group of answer choices
it is recorded directly into the general ledger.
the firm must refuse to enter into the transaction.
it is recorded as an adjustment on the worksheet.
it is recorded in the general journal.
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