Match the Following with the Descriptions Below

question 81

Multiple Choice

Match the following with the descriptions below.
-Type 1 diabetes

• A)Chronically high blood sugar that is due to lack of insulin production
• B)Low blood glucose that follows a meal high in simple sugars
• C)Chronically high blood sugar that is due to insulin resistance
• D)Low blood glucose that follows a day or so of fasting

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Definitions:

Account Sales

A detailed report provided by a consignee or an agent to the consignor detailing the sale of consigned goods, including prices obtained and associated costs.

Permanent Account

An account in the general ledger that is not closed at the end of the accounting period, with its balances carried over into the next period.

Temporary Account

A temporary account is an account that is closed at the end of each accounting period, with its balances transferred to permanent accounts, used to track revenues, expenses, and withdrawals during the period.

Retained Earnings

Cumulative net income minus dividends paid to shareholders, representing the business's reinvested profits.