For which journal status can you not perform any edits or cancellations?

The correct answer is the "Posted" journal status. When a journal is posted, it signifies that the transaction has been finalized and is officially part of the financial records. At this stage, the data is locked to maintain the integrity of the financial reporting, which means you cannot make any edits or cancellations. This restriction ensures that all posted transactions are reliable and can be referred to for audits, reporting, and historical analysis without the risk of modification.

In contrast, journals in the "Created" or "In progress" statuses are still in a state where changes can be made—this allows users to edit or cancel entries before they are finalized. The "Canceled" status typically indicates that a journal entry has been terminated and, while it can still be viewed, it is not active and thus not subject to edits as it is considered concluded. The key distinction lies in the posting process, which solidifies the journal's status as final.