A Longitudinal Survey Is One That Is Sent

question 46

Multiple Choice

A longitudinal survey is one that is sent

• A) each year to a different group of high school students.
• B) to twelfth graders in the same high school each year.
• C) only once to a group of eighth, tenth, and twelfth graders.
• D) to the same people every five years.

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Definitions:

Special Journals

Accounting journals designed for recording a particular type of transaction in a more efficient manner.

Cash Payments Journal

A specialized accounting journal used to record all cash outlays of a business, including expenses, asset purchases, and debt payments.

Purchases Journal

A record of all purchase transactions for inventory, usually on credit, maintained by a business.

Credit Balance

A situation in accounting where the total credits in an account exceed the total debits, commonly seen in liability accounts.