Reviewing Previous Exams as a Study Aid

question 8

Multiple Choice

Reviewing previous exams as a study aid:

• A) is considered cheating and will get you in trouble.
• B) is not recommended by most instructors.
• C) can help you familiarize yourself with the types of questions you'll see on tests.
• D) is usually helpful because every test in a class is the same.

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Definitions:

Edit Selection

A feature or function in software that allows users to choose specific portions of text or data to modify or manipulate.

COA

Chart of Accounts, a list of a company's accounts and their account numbers that identifies where transactions are recorded in the financial statements.

Sole Proprietorship

A business owned and operated by a single individual, without any formal legal entity separation.

C Corporation

A legal structure for corporations in the U.S. where the owners are taxed separately from the entity, providing limited liability protection.