Which One of the Following Is Not a Justification for Adjusting

question 108

Multiple Choice

Which one of the following is not a justification for adjusting entries?

• A) Adjusting entries are necessary to ensure that revenue recognition principles are followed.
• B) Adjusting entries are necessary to ensure that the expense recognition principle is followed.
• C) Adjusting entries are necessary to enable financial statements to be in conformity with IFRS.
• D) Adjusting entries are necessary to bring the general ledger accounts in line with the budget.

Appreciate the dynamics of ethnocentrism and semantic barriers in communication.

Understand the concept and significance of active listening in communication.

Recognize the various directions of communication flow (upward, downward, lateral) in organizations and their purposes.

Identify the strategies for fostering effective communication in organizational structures and design.

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Definitions:

Health And Safety Legislation

Laws and regulations designed to ensure workplace safety and prevent health hazards for employees.

Employers

Individuals or organizations that hire and pay people to work for them, providing compensation in exchange for the employees' work and services.

Supervisors

Individuals in a position of authority within an organization who oversee and manage the work of other employees.

Workers

Individuals engaged in any form of physical or intellectual effort aimed at producing goods or providing services.