Related Questions

Which of the following is used to record financial transactions in chronological (day-to-day) order?
A Voucher
B General Journal
C General Ledger
D Trial Balance
When two transactions are being processed against the database at the same time they are termed concurrent transactions.
A True
B False
Debt which depict historical accumulated record of federal government expenditures is classified as
A national debt
B international debt
C global debt
D contraction debt
Where do we record transactions of salary, rent or interest paid
A Contra
B Journal
C Receipt
D Payment
Transactions that a business does not record in any specialized journal are recorded in which of the following books?
A Cash payment journal
B Cash receipt journal
C Purchases return journal
D General journal
What is the full of the abbreviation SWIFT, as used with relation to network for financial transactions in the banking industry?
A Society for Worldwide Inter bank Financial Telecommunication
B Society for Worldwide Inter bank Financial Transaction
C Society for Worldwide International Inter bank Financial Transaction
D Society for Worldwide International Financial telecommunication
Which of the following CANNOT be called a Debt instrument as referred in financial transactions?
A Certificate of Deposits
B Bonds
C Stocks
D Commercial Papers
What emerging technology is often referred to as the "Internet of Value" and aims to revolutionize the financial Industry by enabling secure and transparent peer-to-peer transactions?
A Artificial Intelligence
B Blockchain
C Quantum Computing
D Augmented Reality
Which of the following is used to derive the address, of a record from the record key
A comma
B hashing
C variable
D field
E None of the above
One of the warmest winters on record has put consumers in the mood to spend money. Spending is likely to be the strongest in thirteen years.During the month of February. sales of existing single-family homes hit an annual record rate of 4.75 million. This paragraph best supports the statement that:
A Consumer spending will be highr, thirteen years from now than it is today.
B more people buy houses in the month of February than in any other month.
C warm winter weather is likely to affect the rate of home sales.
D during the winter months , hte prices of single-family homes are the lowest.

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