In Practice, Accountants Frequently Use ________ to Prepare and Audit

question 129

Multiple Choice

In practice, accountants frequently use ________ to prepare and audit financial statements.

• A) clear-cut methods
• B) judgment
• C) strict rules
• D) imagination

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Definitions:

Secondary Endosymbiosis

A chloroplast evolves from a red alga or green alga that was engulfed by a heterotrophic protist.

Primary Endosymbiosis

An organelle evolves from bacteria that entered a heterotrophic protist.

Chloroplast

A structure within the cells of plants and some other organisms that captures energy from sunlight and converts it into chemical energy through photosynthesis.

Archaea

A domain of single-celled microorganisms that are genetically distinct from bacteria and eukaryotes, often found in extreme environments.