Final answer:
Special journals are used to efficiently record repetitive transactions, aiding in organization and error reduction. The statement that special journals facilitate efficient recording of similar transactions is true.
Step-by-step explanation:
Special journals are designed to increase the efficiency of recording large numbers of repetitive transactions. These transactions could include things like sales, purchases, cash receipts, and cash disbursements. Each type of special journal records similar types of transactions, which helps in reducing errors, streamlining the accounting process, and aiding in the segmentation of different financial activities. This design allows for a more organized and efficient bookkeeping process.
Answering the student's question, a. True would be correct. Special journals indeed facilitate the efficient recording of a large number of similar transactions. Companies use these journals to streamline their accounting processes and improve the accuracy of their financial information.