Adjusting Entries Are

question 80

Multiple Choice

Adjusting entries are:

• A)a key element of accrual accounting.
• B)required in both accrual and cash-basis accounting.
• C)recorded only on the worksheet.
• D)recorded in the general journal but not on the worksheet.

---

Definitions:

Job Performed

Refers to the specific tasks and responsibilities carried out by an individual in their occupational role.

Core Principles

Fundamental beliefs or values that form the foundation for the system, behavior, or reasoning of an individual or organization.

Primarily Motivated

Being driven or inspired mainly by a certain influence or basic need.

Ego-Driven

Behavior or actions motivated by an individual's ego or self-esteem, often focusing on personal gain or recognition.