The Procedure Used by Accountants to Convert Data About Individual

question 2

Multiple Choice

The procedure used by accountants to convert data about individual transactions to financial statements is called

• A)the cash flow method.
• B)the statement of owners' equity.
• C)the accounting cycle.
• D)the balance sheet.

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Definitions:

Desegregation

The process of ending racial segregation in institutions and venues such as schools, buses, and public facilities, often through legal and social reforms.

Freedom Rides

A series of bus trips through the American South in 1961 by civil rights activists to challenge racial segregation in interstate bus terminals.

Sit-Ins

A form of protest in which individuals occupy an area, refusing to move to bring attention to a cause or injustice, often used during the civil rights movement.

Racial Justice

The systematic fair treatment of people of all races that results in equitable opportunities and outcomes for everyone.