Which of the Following Can Greatly Affect Performance on Tests

question 120

Multiple Choice

Which of the following can greatly affect performance on tests designed for Western cultures?

• A)cultural values
• B)language patterns
• C)knowledge and traditions
• D)all of these

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Definitions:

Temporary Accounts

Accounts used to collect information during a single accounting period, which are then transferred to permanent accounts at the end of the period.

Permanent Accounts

Accounts that carry their ending balances over into the next accounting period; these include asset, liability, and equity accounts.

Prepaid Rent

Prepaid Rent represents payments made in advance for rent, which is recorded as an asset on the balance sheet and expensed over time as it is used.

Utilities Expense

Costs incurred by a business for basic services such as electricity, gas, water, and sewerage, recognized in the accounting period in which they are incurred.