The accuracy of journalist is checked by?

Assessment: JAMB UTME - Principles of Accounts - 2001 Subject: Financial Accounting

Question 1 Report

The accuracy of journalist is checked by?
Answer Details
The accuracy of a journalist is checked by comparing accounts in the ledger against the journals. A journalist is a professional who is responsible for gathering, verifying, and reporting information to the public. Journalists must ensure that their reporting is accurate and factual to maintain their credibility with their audience. One way to check the accuracy of their reporting is to compare the accounts in the ledger against the journals. The ledger is a collection of accounts that summarizes the financial transactions of a business, while the journal is a record of individual transactions. By comparing the accounts in the ledger against the journals, the journalist can verify that the information they are reporting is accurate and consistent with the financial records of the business. Any discrepancies between the two can be investigated and corrected to ensure the accuracy of the reporting. Therefore, the answer is option (D) comparing accounts in the ledger against the journals.
Read lesson note on Cashbook (JAMB)
Read lesson note on Introduction To Company Accounts (JAMB)
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