Which of the Following Is Not a Feature of 'The

question 1

Multiple Choice

Which of the following is not a feature of 'the plan-do-check-act cycle'? 

• A) Requirement. 
• B) Realization. 
• C) Verification. 
• D) Quality accreditation.

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Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to allocate income and expenditure to the appropriate years.

Permanent Accounts

Accounts that carry their balances over into the next accounting period, including assets, liabilities, and equity accounts.

Trial Balance

A financial worksheet that consolidates all ledger balances into equal debit and credit column totals.

Prepaid Items

This term describes expenses paid in advance for goods or services to be received in the future, such as insurance or rent.