Which Area Would Be Appropriate to Include in a Physical

question 13

Multiple Choice

Which area would be appropriate to include in a physical assessment of the home?

• A)Bathtub,toilets,sinks,countertops,inside china cabinet drawers
• B)Baby's bed,changing table,baby's clothes,inside diaper bag,inside keepsake box
• C)Bedroom closets,inside jewelry boxes,under beds
• D)Electrical wall outlets,telephones,bathroom sink and faucets,stove,and refrigerator

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Definitions:

Note Payable

An official pledge in writing to return a specified sum of cash, often with added interest, on a set future date.

Ledger

A book or digital record where financial transactions are entered, tracking the changes in each account associated with those transactions.

Trial Balance

An accounting report that lists the balances of all general ledger accounts at a particular point in time, used to ensure debits equal credits.

Debt Ratio

A financial ratio that measures the extent of a company's leverage, calculated as total liabilities divided by total assets.