Which of the Following Would Not Be Considered an Abnormally

question 43

Multiple Choice

Which of the following would not be considered an abnormally dangerous activity, subjecting the person who carries it out to strict liability?

• A) Pile driving.
• B) Transmitting gas through a gas pipe.
• C) Collecting water in a dangerously large quantity.
• D) Emitting noxious fumes in a subdivision.

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Definitions:

Adjusting Entries

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

Temporary Accounts

Accounts used to track transactions within a single accounting period, closed and reset at the period's end.

Account Balances

The amount of money in a financial account, determined by adding all credits and deducting all debits.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments, used to verify the equality of debits and credits and to prepare financial statements.