When making adjusting entries, you are using the ________ module in the base line accounting system.
A)Reporting
B)Financial
C)Banking
D)Company

Question

Quizplus · Accepted Answer

Adjusting entries are made in the financial module of the accounting system, which ensures that the financial statements are accurate and conform to the accounting principles. The banking module deals with bank transactions, the company module handles system settings and user administration, and the reporting module generates reports from the financial data entered into the system. Therefore, B is the best and only choice for this question.

When Making Adjusting Entries, You Are Using the ________ Module