Why Are Adjusting Entries Prepared

question 163

Multiple Choice

Why are adjusting entries prepared?

• A)Because some accounts are not up to date.
• B)Because some day to day transactions have not been recorded.
• C)Because the financial statements are misstated.
• D)A and C

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Definitions:

3G Services

The third generation of mobile telecommunications technology, offering improved data transfer rates over previous generations.

4G Services

4G services are the fourth generation of mobile telecommunications technology, offering higher speed internet and data communication than its predecessor, 3G.

Threat

A potential or actual danger that may cause harm or adverse effects on individuals, assets, or systems.

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Plans outlining when and how products or materials will be delivered to a specific location, often used in manufacturing and retail to ensure timely operations.