Accounting Programs Use the General Rules of Accounting for Recording

question 32

Multiple Choice

Accounting programs use the general rules of accounting for recording:

• A) assets, liabilities, equity, sick/vacation days, and benefits.
• B) assets, liabilities, petty cash receipts, revenues, and expenses.
• C) assets, liabilities, equity, revenues, and expenses.
• D) assets, liabilities, salaries, revenues, and expenses.

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Definitions:

Septum

A partition separating two chambers, such as in the heart or nose, that is typically made of muscle or bone.

Anterior Nares

The technical term for the nostrils, which are the external openings of the nasal cavity.

Rhinorrhea

The medical term for a runny nose, characterized by the excessive discharge of mucus from the nose.

Rhinovirus

A genus of viruses that is a predominant cause of the common cold, characterized by symptoms like sore throat, runny nose, and cough.