Accounts That Relate to a Limited Period of Time Are

question 165

Multiple Choice

Accounts that relate to a limited period of time are called:

• A)asset and liability accounts.
• B)permanent accounts.
• C)real accounts.
• D)temporary accounts.

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Definitions:

Landslide

A mass movement of rock, earth, or debris down a slope due to gravity.

Pressure

The force exerted by something against a surface, usually measured in units such as Pascal (Pa) or pounds per square inch (psi).

Basaltic Lava

A type of lava originating from the mantle, characteristically dark and rich in magnesium and iron, with low viscosity.

Shield Volcano

A shield volcano is a type of volcano with broad, gently sloping sides and nearly circular base, formed by the eruption of low-viscosity lava that can flow a great distance from the vent.