Which One of the Following Steps in the Accounting Cycle

question 75

Multiple Choice

Which one of the following steps in the accounting cycle is completed only at the end of an accounting period?

• A)business transactions are recorded
• B)adjustments are recorded
• C)transactions are journalized
• D)journal entries are posted to the ledger

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Definitions:

Job Security

The probability that an individual will retain their job in the near future, often reflecting the stability of employment within a company or economy.

Generation X

The demographic cohort following the baby boomers and preceding the Millennials, typically considered to be born from the early-to-mid 1960s to the early 1980s.

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Also known as Millennials, the demographic cohort following Generation X and preceding Generation Z, generally born between 1981 and 1996.

National Seniors Strategy

A comprehensive policy approach aimed at addressing the needs and challenges faced by senior citizens, typically involving healthcare, housing, income security, and social participation.