An event typically not associated with the financial module of a baseline accounting system is
A)Closing entries
B)Adjusting entries
C)Record deposits
D)Correcting entries

Question

Quizplus · Accepted Answer

Record deposits is typically associated with the cash receipts or accounts receivable module, rather than the financial module of a baseline accounting system. The other options (closing entries, adjusting entries, correcting entries) are all commonly associated with the financial module.

An Event Typically Not Associated with the Financial Module of a Baseline