Which Type of List Includes Names and Addresses of Individuals

question 62

Multiple Choice

Which type of list includes names and addresses of individuals who have responded to an offer of some kind?

• A) interactive list
• B) compiled list
• C) recent list
• D) response list
• E) A-list

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Definitions:

Permanent Accounts

These are balance sheet accounts whose balances are carried over to the next accounting period, such as assets, liabilities, and equity accounts.

Income Summary Account

A temporary account used in accounting to transfer the sums of revenues and expenses at the end of an accounting period.

Dividends Declared Account

An account used to record the amount of dividends that a company's board of directors has decided to distribute to its shareholders.

Post-closing Trial Balance

A list of all accounts still open after closing entries are made, used to verify the equality of debits and credits.