Personal Preference Plays a Significant Part in the Food Choices

question 46

Multiple Choice

Personal preference plays a significant part in the food choices of an individual. Widely shared preferences include:

• A) a desire for sour tastes.
• B) significant nutritional value.
• C) tastes for salt and sugar.
• D)  a craving for protein.
• E)  avoidance of organic food.

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Definitions:

Adjusting Entry

An adjusting entry is a journal entry made in the accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Expense Account

An account used to record individual expenditures or expenses incurred during business operations.

Liability Account

An account recording a company's obligations to pay debts to creditors in the short or long term.

Adjusting Journal Entries

Entries made in accounting records at the end of an accounting period to update accounts for accruals and deferrals that were not recorded during the accounting period.