Which One of the Following Is Not a Justification for Adjusting

question 108

Multiple Choice

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

• A) Adjusting entries are necessary to ensure that revenue recognition principles are 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 IFRS.
• D) Adjusting entries are necessary to bring the general ledger accounts in line with the budget.

---

Definitions:

No Child Left Behind

A U.S. Act of 2001 that aimed to increase accountability in education, providing children with fair and equal opportunities to obtain a high-quality education.

Church Leadership

The governance and direction provided by individuals or bodies within a religious organization, including roles like pastors, bishops, and elders.

No Child Left Behind

A U.S. Act passed in 2001 that aimed to improve student achievement and change the culture of America's schools through increased accountability and choice.

Inner-City Schools

Educational institutions located in the central parts of major cities, often facing challenges such as underfunding, overcrowding, and low academic achievement rates.