Which Item Is NOT a Good Tip for Using Note

question 25

Multiple Choice

Which item is NOT a good tip for using note cards?

• A) Practice delivering your presentation at least two times using your note cards.
• B) Write out any items-like long quotes-that may be difficult to remember.
• C) Write on both sides to save paper and reduce the size of your stack.
• D) Number your cards so you can quickly reorder them in case you drop them.

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Definitions:

Retained Earnings

Part of shareholders' equity on a company's balance sheet, representing the amount of net income left over for the business after it has paid out dividends to its shareholders.

Control Account

An account used in the general ledger to summarize the balances of subsidiary accounts and facilitate the verification of financial information accuracy.

Customer Account Balances

The amounts owed to a company by its customers for goods or services delivered on credit.

Adjusting Entries

Entries made in the accounting records to realign the balances of accounts before financial statements are prepared.