Which One of the Following Is Not a Justification for Adjusting

question 49

Multiple Choice

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

• A) Adjusting entries are necessary to ensure that the revenue recognition principle is followed.
• B) Adjusting entries are necessary to ensure that the expense recognition 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.

---

Definitions:

Nonshared Environmental Factors

Components of the environment that differ between siblings, contributing to their behavioral and developmental differences.

Shared Environmental Factors

Elements within an environment that individuals are exposed to similarly, influencing their development or behavior collectively.

Antisocial Behavior

involves actions that harm or lack consideration for the well-being of others, often violating social norms or laws.

Personality

The distinct blend of feelings, attitudes, and actions characterizing a person's responses.