The Double-Entry Method of Accounting Refers to the Practice by Accountants

question 34

Multiple Choice

The double-entry method of accounting refers to the practice by accountants of:

• A) dual recording of every transaction whereby the total debited to one or more accounts in a transaction equals the total credited to one or more accounts for the same transaction.
• B) placing a double underline beneath each journal entry.
• C) double-counting certain types of transactions.
• D) double-checking every journal entry.

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Definitions:

Neuroimaging

The use of various techniques to either directly or indirectly image the structure, function, or pharmacology of the nervous system.

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In psychology, refers to a group of personality disorders, including antisocial, borderline, histrionic, and narcissistic personality disorders, characterized by dramatic, emotional, or erratic behavior.

Tension

The state of being stretched tight, often leading to stress or strain in materials or psychological states in individuals.