
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 43
Which of the following statements is true?
A) Journal vouchers detailing transaction activity flow from various operational departments into the GLS, where they are independently reconciled and posted to the journal voucher history file.
B) Journal vouchers summarizing transaction activity flow from the accounting department into the GLS, where they are independently reconciled and posted to the general ledger accounts.
C) Journal vouchers summarizing transaction activity flow from various operational departments into the GLS, where they are independently reconciled and posted to the general ledger accounts.
D) Journal vouchers summarizing transaction activity flow from operational departments into the GLS, are independently reconciled and posted to the journal voucher history file.
A) Journal vouchers detailing transaction activity flow from various operational departments into the GLS, where they are independently reconciled and posted to the journal voucher history file.
B) Journal vouchers summarizing transaction activity flow from the accounting department into the GLS, where they are independently reconciled and posted to the general ledger accounts.
C) Journal vouchers summarizing transaction activity flow from various operational departments into the GLS, where they are independently reconciled and posted to the general ledger accounts.
D) Journal vouchers summarizing transaction activity flow from operational departments into the GLS, are independently reconciled and posted to the journal voucher history file.
Explanation
Hence, the correct option is c.
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Accounting Information Systems 8th Edition by James Hall
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