Which of the Following Statements Is Not True

question 97

Multiple Choice

Which of the following statements is not true?

• A) Adjusting entries affect the cash account.
• B) Adjustments to prepaid expenses and unearned revenues are deferral adjustments.
• C) Adjustments for accrued expenses and accrued revenues involve assets and liabilities that had not been previously recorded.
• D) Adjusting entries for depreciation of a recorded asset is a deferral adjustment.

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Definitions:

Soundness

The state of being in good condition; robustness or the quality of being free from faults, errors, or defects.

Privacy and Confidentiality

The right to have one's personal information kept secret and safe, often within a healthcare context to protect patient data.

Code Number

A numerical label assigned for identification, tracking, or classification purposes.

Holistic Nursing

A nursing practice that considers the patient's physical, mental, spiritual, and emotional well-being in the care and healing process.