In Planning a Session, All of the Following Were Suggested

question 16

Multiple Choice

In planning a session, all of the following were suggested except:

• A) Present materials in a logical order
• B) Plan the time
• C) Be rigid with your agenda
• D) Change the pace occasionally

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Definitions:

Cash Basis

An accounting method where revenues and expenses are recorded only when cash is received or paid, irrespective of when the transactions actually occurred.

Adjusting Entry

Journal entries made in accounting records at the end of an accounting period to allocate income and expenditure to the correct periods.

Asset Account

A financial account that represents the resources owned by a company, which have future economic value.

Liability Account

An accounting record that represents debts or obligations a company owes to others.