An Account That Is Not Closed at the End of the Period

question 137

Multiple Choice

An account that is not closed at the end of the period is called a(n) :

• A)expense account.
• B)temporary account.
• C)permanent account.
• D)revenue entry.

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Definitions:

Cognitive Development

Pattern of change in mental abilities, such as learning, attention, memory, language, thinking, reasoning, and creativity.

Assessment

The process of evaluating or estimating the nature, quality, or ability of someone or something through tests and observations.

Ritual Closure

The act of formally ending a process or event, often with a specific action or ceremony.

Emotional Exhaustion

A state of feeling extremely fatigued or drained due to accumulated stress from emotional demands.