Debts That Cannot Be Discharged in Bankruptcy Include All EXCEPT

question 35

Multiple Choice

Debts that cannot be discharged in bankruptcy include all EXCEPT:

• A) alimony.
• B) income taxes.
• C) negligence judgments.
• D) fraud judgments.

---

Definitions:

Internal Controls

Systems and procedures implemented by a company to ensure the integrity of financial and accounting information.

Information Processing

The collection, manipulation, storage, retrieval, and classification of information.

Revenue Journal

An accounting ledger dedicated to recording sales transactions that generate revenue for a business.

Account

An accounting form that is used to record the increases and decreases in each financial statement item.