Which One of the Following Is Not a Justification for Adjusting

question 92

Multiple Choice

Which one of the following is not a justification for adjusting entries?

• A) Adjusting entries are necessary to ensure that revenue recognition principles are followed.
• B) Adjusting entries are necessary to ensure that the matching principle is followed.
• C) Adjusting entries are necessary to enable financial statements to be in conformity with GAAP.
• D) Adjusting entries are necessary to bring the general ledger accounts in line with the budget.

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Definitions:

Pulse Deficit

The difference between the heartbeats felt at the pulse and the beats heard with a stethoscope at the heart, indicating a discrepancy.

Systolic Blood Pressure

The pressure in the arteries when the heart beats and fills them with blood, typically the top number in a blood pressure reading.

Thoracic Surgery

Surgical procedures that are performed on organs and structures in the chest cavity, such as the heart, lungs, esophagus, and chest wall.

Pale

A term describing a lighter or less intense color, often used in the context of someone's complexion indicating ill health or emotional distress.