What Does the Statement "Courts Are Involved in Adjudication" Mean

question 72

Multiple Choice

What does the statement "Courts are involved in adjudication" mean?

• A)The courts determine whether any person charged is guilty of a crime as well as setting the type and amount of punishment for the guilty.
• B)The courts may exercise only judicial powers and perform only judicial functions.
• C)The courts hear cases involving the constitutionality of a law and cases involving the laws and treaties of Canadian ambassadors and public ministers.
• D)The courts hear cases involving disputes between two or more provinces, maritime law, and bankruptcy cases.

---

Definitions:

Post-Closing Trial Balance

A financial statement listing all the accounts and their balances after closing entries are made, ensuring the accounts are ready for the next accounting period.

Adjusted Trial Balance

A report that lists all accounts and their balances after adjusting entries are made, ensuring that debits equal credits.

Closing Entries

The journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts.

Adjusting Entries

Accounting entries recorded at the conclusion of a financial period to properly assign income and expenses to the period they truly relate to.