Which of the Accounts Listed Below Is a NOT a Permanent

question 75

Multiple Choice

Which of the accounts listed below is a NOT a permanent account?

• A)Dividends
• B)Prepaid Rent
• C)Unearned Revenue
• D)Salary Payable

Calculate revenue based on provided services and understand the distinction between cash and credit transactions.

Interpret and analyze the effects of financial transactions on account receivables.

Understand and apply the concept of financial leverage and debt ratio in financial analysis.

Understand the process of posting from the general journal to the ledger accounts.

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Definitions:

Powerful Executives

Senior leaders within an organization who possess significant influence and authority over decision making and resources.

Providing Criticism

The act of delivering feedback, often focusing on areas of improvement or shortcomings, in a constructive manner to foster growth and development.

Learning Climate

A work environment that encourages and supports continuous learning, improvement, and development among its members.

Healthy Learning Climate

An environment within an organization that supports and encourages continuous learning, growth, and development of its members.