The Accounting Cycle Comprises Ten Steps

question 22

Multiple Choice

The accounting cycle comprises ten steps.In which step is an XBRL taxonomy first likely to be used?

• A)Post from the journal to the ledger.
• B)Record the transactions in a journal.
• C)Prepare financial statements.
• D)Close the nominal accounts to retained earnings.

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Definitions:

Pulp Cavity

The central part of a tooth containing connective tissue, blood vessels, and nerves.

Dentin

Bony material forming the mass of the tooth.

Enamel

Hard substance covering the exposed portion of the tooth.

Salivary Amylase

An enzyme produced by the salivary glands that begins the digestion of starches into sugars in the mouth.