Double-Entry Bookkeeping Is a System of Accounting in Which

question 78

Multiple Choice

Double-entry bookkeeping is a system of accounting in which:

• A)it is ideal for credits to be greater than debits.
• B)it is ideal for debits to be greater than credits.
• C)each transaction is recorded in the same account twice.
• D)only foreign and domestic accounts are used.
• E)the debit total must equal the credit total for the transactions as a whole.

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Definitions:

Due Process Clause

Constitutional provision in the Fifth and Fourteenth Amendments ensuring fair treatment through the normal judicial system, especially as a citizen's entitlement.

Right Of Privacy

embodies the belief that individuals have the right to personal privacy, which is not explicitly stated in the constitution but has been interpreted through various amendments.

Equal Protection Clause

A clause in the Fourteenth Amendment of the U.S. Constitution that requires states to provide equal protection under the law to all persons within their jurisdiction.

Edward Snowden

A former National Security Agency contractor who leaked classified information in 2013 about global surveillance programs run by the US and other governments.