Source documents provide information that serves as the basis for entries into the accounting system. Examples of source documents include invoices and deposit tickets.
Answer the following statement true (T) or false (F)
True
This is true. To simplify recordkeeping, businesses rely on source documents, such as cash register tapes, invoices, time cards, check registers, and deposit tickets. Data from source documents are initially recorded in journals and then they are entered into ledger accounts in the general ledger.
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A commercial bank that gets a charter from the federal government is called a ________ bank.
A. charter B. state C. national D. federal reserve
Which of the following is a characteristic of the affordable method of establishing a marketing communications budget?
A) fixed annual budget B) suitable for long-range planning C) priority given to role of promotion as an investment D) calculated to reflect what the company can spare for marketing communications E) based on the immediate impact of promotion on sales volume
A Trojan horse
a. burrows into a computer's memory and replicates itself into areas of idle memory b. is a destructive program triggered by some predetermined event c. allows unauthorized access to a system without going through normal log on procedures d. captures IDs and passwords from unsuspecting users
What are project objectives?
A. Quantifiable criteria that must be met for the project to be considered a success. B. Defines the work that must be completed to deliver a product with the specified features and functions. C. Products, services, or processes that are not specifically a part of the project. D. Any measurable, tangible, verifiable outcome, result or item that is produced to complete a project or part of a project.