The Final Step in the Accounting Cycle Is to Prepare

question 131

Multiple Choice

The final step in the accounting cycle is to prepare

• A) closing entries.
• B) adjusting entries.
• C) financial statements.
• D) a post-closing trial balance.

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Definitions:

Psychopathology

The scientific study of mental disorders, encompassing their symptoms, causes, and treatments.

Conditioned Stimulus

A previously neutral stimulus that, after being paired with an unconditioned stimulus, comes to trigger a conditioned response.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without prior conditioning.

Backward Conditioning

A less common form of classical conditioning where the unconditioned stimulus is presented before the conditioned stimulus.