Real (Permanent) Accounts Are Revenue, Expense, and Dividend Accounts and Are

question 53

True/False

Real (permanent) accounts are revenue, expense, and dividend accounts and are periodically closed.

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Definitions:

Feedback

A process in which information about past or ongoing performance influences future efforts or behavior.

Rehearsal

The process of practicing or going over content or actions repeatedly to improve performance or memorization.

Obsessive-compulsive Disorder

A common, chronic, and long-lasting disorder in which a person has uncontrollable, reoccurring thoughts (obsessions) and behaviors (compulsions) that they feel the urge to repeat over and over.

Specific Phobia

An intense, irrational fear of a specific object, situation, or activity that poses little to no actual danger.