Which of the Following Statements Is Not Necessarily True About

question 20

Multiple Choice

Which of the following statements is not necessarily true about a journal entry?

• A) Liabilities are indented.
• B) An explanation follows the journal entry.
• C) The Post. Ref. column is left blank until the entry is posted.
• D) All debits must be recorded before any credits.

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Definitions:

Low Standards

Refers to minimal or inferior criteria or expectations in various contexts, including personal, professional, or quality expectations.

Defensive Pessimism

A strategy where an individual lowers their expectations to help prepare for the worst-case scenario.

Counterproductive

Activities or behaviors that hinder or go against the achievement of one's goals or objectives.

Self-efficacy

A person's confidence in their ability to perform actions required to achieve certain outcomes.