Regarding Alcohol Use Among College Students, Which of the Following

question 1

Multiple Choice

Regarding alcohol use among college students, which of the following statements is FALSE?

• A)Two out of three college students drink alcohol at least once a month.
• B)One out of five college students in the U.S. engage in binge drinking.
• C)Those who begin drinking early and who binge drink are at higher risk for later alcoholism than those who do not.
• D)Students who are more strongly committed to academic achievement are less likely to engage in binge drinking.
• E)Beer drinking and drinking games are a serious concern for college officials because they place students at risk of coma or death from alcohol overdose.

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period.

Cash Sales

Transactions where payment is made in cash at the time of sale, without any credit arrangement.

Cash Receipts Journal

A dedicated financial journal that tracks all cash inflows or money received by a business.

Sales Journal

An accounting ledger in which sales of services or goods on credit are recorded, also known as the sales book.