When an Income Statement Error That Does Not Affect the Balance

question 60

Multiple Choice

When an income statement error that does not affect the balance sheet is not found until after the books are closed, an entry ________.

• A) must be made to correct the error during the next year
• B) must be made to correct the error by reopening the books
• C) is not necessary, but financial statements must be recalled immediately
• D) is not necessary, but the income statement must be corrected before issue

Identify key database concepts including primary keys, fields, and records.

Grasp the significance of data types and suitable usage in databases.

Recognize the principles of database security and the CIA triad.

Differentiate between relational and nonrelational databases and their uses.

---

Definitions:

Blind

A condition characterized by the lack of visual perception due to physiological or neurological factors, which can range from partial to total inability to see.

Breathing-Related Sleep Disorder

Group of sleep disorders characterized by numerous brief sleep disturbances due to problems breathing.

Apnea

A temporary cessation of breathing, especially during sleep, which can lead to various health complications.

Excessive Sleepiness

A condition where an individual experiences significant and persistent drowsiness despite adequate or even prolonged night-time sleep.