
Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141
Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141 Exercise 85
Which of the following statements is most true?
A) Journal vouchers authorize all GL postings in a real-time GLS.
B) Batch processing of journal vouchers is common for large organizations with multiple sources of transactions.
C) Adjusting and reversing entries to the GL do not require journal vouchers because these entries are not transactions.
D) Journal vouchers are used to capture summaries of multiple transactions but are not used to capture single transactions.
A) Journal vouchers authorize all GL postings in a real-time GLS.
B) Batch processing of journal vouchers is common for large organizations with multiple sources of transactions.
C) Adjusting and reversing entries to the GL do not require journal vouchers because these entries are not transactions.
D) Journal vouchers are used to capture summaries of multiple transactions but are not used to capture single transactions.
Explanation
Hence, the correct option is a.
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Accounting Information Systems 8th Edition by James Hall
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