When You Change the View for a Folder in File

question 85

Multiple Choice

When you change the view for a folder in File Explorer,____.

• A)all views for all folders are changed
• B)it only changes the view for the currently selected folder
• C)you must do it for a folder that is not currently selected
• D)you should click "OK" in the Warning dialog box

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Definitions:

Accounting Period

A specific time frame for which financial information is reported, commonly a year, quarter, or month.

Equality

A principle in accounting that refers to the balance between total debits and total credits in a double-entry bookkeeping system.

Post-Closing Trial Balance

A list of all active general ledger accounts and their balances after closing entries have been posted, used to check the accuracy of closing procedures.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary accounts' balances to permanent accounts, preparing the books for the next period.