Which of the Following Is NOT True Regarding the Adjusting

question 59

Multiple Choice

Which of the following is NOT true regarding the adjusting process?

• A) The adjusting process updates the balance sheet.
• B) Every adjusting entry affects the balance sheet and the income statement.
• C) Adjustments are made during the month.
• D) The main adjusting entries are deferrals, depreciation and accruals.

---

Definitions:

Actively Listen

The practice of fully concentrating, understanding, responding, and remembering what is being said in a conversation.

Yes and No Answers

Responses that indicate a clear affirmative or negative without providing additional information or context.

Empathy Map

A tool used to articulate what we know about a particular type of user, including what they think, feel, see, hear, say, and do.

Vegetarian

A person who does not eat meat, and sometimes other animal products, especially for moral, religious, or health reasons.