An Example of a Student's ______ Is to Study for a Test

question 10

Multiple Choice

An example of a student's ______ is to study for a test and take notes.

• A)role
• B)status
• C)position
• D)occupation

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Definitions:

Journalizing

The process of recording financial transactions in the journal as part of the accounting cycle.

Transaction

An economic event or condition that directly changes an entity's financial condition or its results of operations.

Debit And Credit

Fundamental concepts in accounting that represent the increase or decrease in an account balance; debits increase asset or expense accounts, while credits increase liability, equity, or revenue accounts.

Chart Of Accounts

An organized list of all accounts in a company's financial system, which is used to classify transactions.