A posting reference column is used ________
A) while preparing the trial balance using the ledger
B) when the information is transferred from the journal to the ledger
C) when the information is transferred from the ledger to the post-closing trial balance
D) while preparing the balance sheet using the trial balance
B
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Which of the following is not a benefit of using RFID over traditional bar codes?
A. RFID updates the data stored. B. One benefit of item-level RFID is to reduce theft. C. The data on the devices can be acquired without a visual line of sight. D. Reduced inventory turnover. E. RFID holds more data stored on the device.
List and explain the steps involved in preparing an REA model of a business process
The foundations of a workplace’s existence, such as its history or location, are classified as ______ of workplace artifacts.
a. interactive elements b. contextual elements c. roles d. symbolic practices
Which of the following is true of a living trust?
A) It comes in to effect after the death of the grantor. B) It helps reduce the grantor's income tax. C) It can be revoked during the grantor's lifetime. D) It is considered a public record subject to probate proceedings.