An Accounting Transaction Never Affects More Than One Accounting Time

question 92

True/False

An accounting transaction never affects more than one accounting time period.

---

Definitions:

Effectiveness

The degree to which something is successful in producing a desired or intended result, often used to evaluate methods, interventions, or outcomes.

Psychotherapy

A therapeutic treatment that involves psychological methods, particularly when based on regular personal interaction with adults, to help a person change behavior and overcome problems in desired ways.

12-step Program

A set of guiding principles outlining a course of action for recovery from addiction, compulsion, or other behavioral problems.

AA

Alcoholics Anonymous, a self-help group designed to support individuals in achieving and maintaining sobriety.