The Normal Balance of an Account

question 72

Multiple Choice

The normal balance of an account:

• A) falls on the side where increases are recorded.
• B) is computed in the journal.
• C) must be computed after every transaction.
• D) cannot be computed in a non-computerized accounting system.

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Definitions:

Behavioural Interview

A job interview technique where candidates are asked to describe past behavior in specific situations to predict their future performance.

Past Performance

An individual's or organization's previous accomplishments or results, often used as a predictor for future success.

Written Letters

A method of communication involving the sending of messages or information through physically written or printed text.

Reference

A recommendation or information provided by a person or source, vouching for the qualifications, character, or background of someone.