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Which of These Statements Is Not True

Question 27

Multiple Choice

Which of these statements is not true?


A) Transactions must be recorded in a journal.
B) All transactions could be recorded in the general journal.
C) Companies use a number of special journals to record most transactions.
D) Special journals are designed to improve record- keeping efficiency.
E) The form of the journals are the same from industry to industry.

Correct Answer:

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