The Number of Books in a Child's Home Is an Example

question 44

Multiple Choice

The number of books in a child's home is an example of

• A)phenotypic variance.
• B)genotypic variance.
• C)shared environment.
• D)nonshared environment.

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Definitions:

Prepaid Account

An account reflecting payments made in advance for goods or services, which are recognized as expenses when the goods or services are actually consumed.

Accounts Payable

Short-term liabilities representing amounts owed to suppliers or creditors for goods and services received but not yet paid for.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check the accuracy of the entries.

Journal Entry

A record in accounting that represents a transaction, documenting the debit and credits affected by it.