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  • Journalizing and Posting Transactions Online Quiz
  • Corrections in accounts should NOT be
Multiple choice

Corrections in accounts should NOT be

  1. traceable

  2. initialed.

  3. ruled.

  4. covered completely.

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Corrections must be transparent and traceable. Covering an entry completely (e.g., with white-out or tape) hides the original error, which is unacceptable in accounting.

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  • Accounting Principles and Practices (2416 questions)
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