Which of the Following Is Considered a Permanent Account

question 19

Multiple Choice

Which of the following is considered a permanent account?

• A)Income Statement accounts
• B)Balance Sheet accounts
• C)All of these
• D)None of these

---

Definitions:

Risk Aversion

A preference to avoid uncertainty, characterized by investors' tendencies to prefer safer investments over more risky ones.

Portfolio Theory

A financial model that describes how to assemble a diversified portfolio to maximize returns and minimize risk based on expected returns and the variance of each asset.

Capital Budgeting

The process by which investors and managers evaluate the long-term investments and projects of a company in terms of their potential profitability and benefits.

Probability Distribution

A probability distribution is a statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.