Use the Figure to Answer the Question

question 21

Multiple Choice

Use the figure to answer the question.
-The sales figures for the Big "D" Company are shown below in a line graph. Which month in 2012 had the highest sales?

• A)Month 3
• B)Month 5
• C)Month 6
• D)Month 12

Understand the treatment and impact of prepaid expenses and unearned revenue on financial statements.

Calculate financial statement impacts of adjustments, including depreciation and adjustments for prepaid and accrued items.

Prepare adjusting journal entries for a variety of transactions.

Explain the importance of an adjusted trial balance and its role in the accounting cycle.

---

Definitions:

U.S. Army's Intelligence Test

Standardized tests developed by the United States Army to assess the intellectual capabilities and potential roles of military recruits.

Congressional Committee

A legislative sub-organization in the United States Congress that handles specific duties and conducts hearings to discuss and draft legislation.

Immigrant Groups

Populations that have moved from one country to another, often forming communities and preserving cultural practices in their new locations.

Phenotype

The observable characteristics or traits of an organism, resulting from the interaction of its genotype with the environment.