Which One of the Following Is an Optional Step in the Accounting

question 134

Multiple Choice

Which one of the following is an optional step in the accounting cycle of a business?

• A) Analyze business transactions
• B) Prepare a worksheet
• C) Prepare a trial balance
• D) Post to the ledger accounts

Understand the concept of control and its implications on consolidation.

Grasp the principles of measuring noncontrolling interest and the role of goodwill in consolidation.

Comprehend the calculation and reporting of consolidated net income.

Understand the components and computation of the total acquisition-date fair value.

---

Definitions:

Thoracentesis

A medical procedure involving the insertion of a needle through the chest wall to remove fluid from the pleural space for diagnostic or therapeutic purposes.

Encouragement

The act of providing support, confidence, or hope to someone.

Task-oriented Touch

A therapeutic method where touch is used purposefully to complete specific tasks or objectives in patient care.

Nursing Theories

A set of concepts, definitions, relationships, and assumptions or propositions derived from nursing models or from other disciplines and project a purposive, systematic view of phenomena by designing specific inter-relationships among concepts for the purposes of describing, explaining, predicting, and prescribing.