The general ledger process comprises all of the following except:
A)providing information for financial reporting
B)serving the needs of managerial reporting
C)classifying data by general ledger accounts
D)ensuring that the external financial statements conform to GAAP

Question

Quizplus · Accepted Answer

Ensuring that the external financial statements conform to GAAP is part of the general ledger process, so option D should be excluded from the options given. Therefore, the correct answer is D.

The General Ledger Process Comprises All of the Following Except