Which of the Following Accounts Are Considered Permanent Accounts

question 179

Multiple Choice

Which of the following accounts are considered permanent accounts?

• A) Inventory and Cost of Goods Sold
• B) Land and Accounts Receivable
• C) Accounts Payable and Revenue
• D) Common Stock and Salary Expense

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Definitions:

Resistance Stage

The second phase of the general adaptation syndrome, where the body adapts to a stressor with increased resistance, but at a high cost to physical and mental resources.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that the body goes through when exposed to prolonged stress, described by Hans Selye.

Alarm Phase

The initial reaction of the body's stress response, involving the activation of the sympathetic nervous system.

Chronic Stress

is a condition of continued and persistent stress over an extended period, which can have detrimental effects on one's health and well-being.