Which of These Principles Was Part of the National Assembly's

question 10

Multiple Choice

Which of these principles was part of the National Assembly's "Declaration of the Rights of Man and the Citizen"?

• A)The Catholic Church has the right to continue to require tithes from its members.
• B)Any propertied male citizens can apply for government positions.
• C)Men are born and remain free and equal in rights.
• D)Taxes must be equally applied to citizens, without regard to their means.
• E)Only those rights given by law will be recognized.

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Definitions:

Analyzing Transactions

The process of examining financial transactions to determine their impact on the financial status of an entity.

Ledger

A detailed financial statement showing all the transactions of a business, used to compile the financial statements.

Unadjusted Trial Balance

A list of all the general ledger accounts and their balances at a specific time before any adjusting entries are made.

Accounting Cycle

The collective process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation on financial statements, followed by closure of accounts.