The Proliferation of Subcommittees in Congress Occurred in the ________

question 23

Multiple Choice

The proliferation of subcommittees in Congress occurred in the ________.

• A) 1890s
• B) 1930s
• C) 1970s
• D) 2000s

---

Definitions:

Normal Balance

The side (debit or credit) on which increases to the account are recorded, consistent with the accounting equation.

Financial Statement

Reports that provide information about a company's financial condition, performance, and cash flows, including the balance sheet, income statement, and statement of cash flows.

Account

An account in accounting is a record within the general ledger that is used to collect and store debit and credit amounts.

Chart of Accounts

A structured list of all the financial and accounting accounts used by an organization to categorize and record financial transactions.