If a Company Utilizes Reversing Entries They Will

question 191

Multiple Choice

If a company utilizes reversing entries they will

• A) be made at the beginning of the next accounting period.
• B) not actually be posted to the general ledger accounts.
• C) be made before the post-closing trial balance.
• D) be part of the adjusting entry process.

---

Definitions:

Stereotype Threat

The risk of confirming, as self-characteristic, a negative stereotype about one's group, which can reduce the performance in affected individuals.

Self-Fulfilling

Self-fulfilling refers to a prediction or expectation that causes itself to become true due to the behavior that it inspires.

Collective Self-Esteem

Describes the self-evaluation of one's social group or community as a part of an individual's self-worth.

Individual Qualities

Personal attributes or characteristics that distinguish one person from another.