One Way of Ensuring That Recurring Adjusting Journal Entries Are

question 81

Multiple Choice

One way of ensuring that recurring adjusting journal entries are made each month would be to

• A)make all the entries a month in advance.
• B)rotate the responsibility among the accounting staff.
• C)program the entries to be made automatically.
• D)create a standard adjusting journal entry file.

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Definitions:

Life Span

Refers to the maximum duration of life of a species or the length of an individual’s life.

Libido

A term used in psychoanalysis that refers to the sexual drive or desire.

Jung

Carl Jung, a Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for concepts such as the collective unconscious, archetypes, and psychological types.

Spiritualistic Theories

Hypotheses or beliefs that suggest a non-physical realm or spiritual dimensions can influence human behavior and life.