Which of the Following Correctly States the Proper Order of the Accounting

question 145

Multiple Choice

Which of the following correctly states the proper order of the accounting cycle?

• A)Record transactions,adjust accounts,close temporary accounts,prepare statements.
• B)Adjust accounts,record transactions,close temporary accounts,prepare statements.
• C)Record transactions,adjust accounts,prepare statements,close temporary accounts.
• D)Adjust accounts,prepare statements,record transactions,close temporary accounts.

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Definitions:

Charismatic

Possessing a charm and appeal that inspires devotion or enthusiasm in others.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, emphasizing vision, inspiration, and intellectual stimulation.

Optimism

A mental attitude characterized by hope and confidence in success and a positive future.

Intellectual Stimulation

A leadership practice that encourages followers to think creatively and challenge existing assumptions.