After Starting a New Fiscal Period on June 1st, the Trial

question 2

Multiple Choice

After starting a new fiscal period on June 1st, the trial balance will show zero balances for Income Statement accounts on June 1st because -

• A) the May 31st accounts have been closed
• B) the May 31st accounts have not been closed
• C) the June 1st accounts have been closed
• D) the June 1st accounts have not been closed

---

Definitions:

Faith Factor

The concept that spiritual or religious beliefs can have a positive impact on physical and mental health outcomes.

Free Will

The concept or belief that individuals have the capacity to choose and act independently, without external compulsion or predetermination.

Behavior-Restricting

pertains to any measures or practices that limit or control an individual's actions or behaviors, often for the purpose of maintaining order or safety.

Job Performance

The evaluation of the effectiveness, quality, and efficiency of an individual's work in their professional role.