Which of the Following Is False? 141)

question 170

Multiple Choice

Which of the following is false? 141)

• A)Adjusting entries are not necessary under the cash basis of accounting.
• B)Adjusting entries always affect at least one revenue or one expense account and at least one asset or liability account.
• C)Adjusting entries are used to record the effects of internal economic events.
• D)Adjusting entries are made at the end of an accounting period.
• E)The cash account will usually be affected by adjusting entries.

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Definitions:

Pruning

In neuroscience, the process by which extra neurons and synaptic connections are eliminated to increase the efficiency of neuronal transmissions.

Reuptake

A process by which neurotransmitters are absorbed back into the neural cell after being released, effectively stopping their action on adjacent nerves.

Interneurons

Neurons that transmit impulses between other neurons, especially as part of a reflex arc in the nervous system.

Neurons

Nerve impulse-transmitting specialized cells, considered the essential elements of the nervous system.