Which Ability May Take Up to 2 Months After Birth

question 170

Multiple Choice

Which ability may take up to 2 months after birth to develop?

• A) discriminating odors
• B) seeing objects less than a foot away
• C) voluntary motor movements
• D) discriminating between different colors

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Definitions:

Accrued Expenses

Expenses that have been incurred but not yet paid, recognized on the books before they are paid for.

Accrued Revenues

Revenues earned during a specific accounting period but not yet received in cash or recorded in the books.

Adjusting Entries

Journal entries made in an accounting period to allocate revenues and expenses to the periods in which they actually occurred.

Accounting Adjustments

Entries made in the accounts to correct transactions, record unrecorded items, or bring accounts up to date at period end.