The Fact That Each Transaction Has a Dual Effect on the Accounting

question 28

Multiple Choice

The fact that each transaction has a dual effect on the accounting elements provides the basis for what is called

• A) single-entry accounting.
• B) compound-entry accounting.
• C) multiple-entry accounting.
• D) double-entry accounting.

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Definitions:

Hypovolemia

A medical condition characterized by a severe loss of blood or body fluids, leading to decreased blood volume and potential circulatory shock.

IV Infiltration

A medical occurrence where fluid from an intravenous injection leaks into the surrounding tissue.

Phlebitis

Inflammation of a vein, often accompanied by pain and swelling, and sometimes leading to thrombosis.

Total Parenteral Nutrition

A method of supplying all necessary nutrients to the body intravenously, bypassing the digestive system, usually used when a person cannot eat normally.