If No Transactions Were Posted to a Particular Asset,liability,or Shareholders

question 96

Multiple Choice

If no transactions were posted to a particular asset,liability,or shareholders' equity account during a period then:

• A)the amounts from the previous balance sheet are repeated unchanged on the current balance sheet.
• B)the account is left off of the balance sheet.
• C)the account is posted as zero on the current balance sheet for that account.
• D)the words "no change" are entered in the current balance sheet.

---

Definitions:

Cognitive

Pertaining to mental processes such as thinking, knowing, remembering, and problem-solving.

Evolutionary Psychologist

A professional who studies how evolutionary principles help explain the structure and function of the human mind.

Genetically Predisposed

The likelihood of developing certain traits, behaviors, or conditions based on genetic factors inherited from one's parents.

Healthy-Looking Mates

indicates individuals who appear physically fit and attractive, often seen as more desirable for reproduction based on perceived genetic advantages.