___________ Means a Requested Accommodation Is Unreasonable

question 45

Multiple Choice

___________ means a requested accommodation is unreasonable.

• A)A direct liability
• B)An undue hardship
• C)A vicarious liability
• D)An exemption

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Definitions:

Income Summary

An account used in the closing process that aggregates all income and expenses to determine the net income or loss for the period.

Merchandise Inventory

The goods a company has available for sale to customers, considered a current asset on the balance sheet.

Adjustments

Journal entries made in accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.