A Double Rule Applied to Accounts in the Ledger During

question 131

Multiple Choice

A double rule applied to accounts in the ledger during the closing process implies that

• A) the account is an income statement account.
• B) the account is a statement of financial position account.
• C) the account balance is not zero.
• D) a mistake has been made, since double ruling is prescribed.

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Definitions:

Frontal Lobes

The part of the brain located at the front of each cerebral hemisphere, responsible for voluntary movement, expressive language, decision making, and personality traits.

Novel Sequences

Unfamiliar or new sequences or patterns that have not been previously encountered or learned.

Choreography

A structured sequence of movements or dance steps, often set to music.

Frontal Lobes

Regions of the brain involved in decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.