Which of the Following Are Characteristic of SMART Goals

question 5

Multiple Choice

Which of the following are characteristic of SMART goals?

• A)specific,modifiable,temporary
• B)specific,measureable,attainable
• C)measureable,relatable,transferrable
• D)strategic,maintainable,relevant

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Definitions:

Unadjusted Balance

The initial balance of an account before any adjustments or corrections are made for accounting purposes.

Inventory

includes goods and materials a business holds for the purpose of resale or as part of its production process.

Year-End

The end of a financial year, a period used for accounting purposes and preparing financial statements.

Adjusting Entries

Entries made in the accounting records at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.