Which of the Following Accounts Would Be Closed at the End

question 239

Multiple Choice

Which of the following accounts would be closed at the end of the accounting period?

• A)Accounts Receivable
• B)Unearned Consulting Fees
• C)Fees Earned
• D)Retained Earnings
• E)Land

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Definitions:

Analytical

Relating to or using analysis or logical reasoning to address a problem or evaluate data.

Style Flexing

Adjusting one’s communication or behavior based on the audience or situation to achieve better outcomes or interactions.

Leadership Effectiveness

The extent to which a leader is able to achieve desired results through the direction, coordination, and influence over others' actions.

Driver Social Style

A personality type characterized by a direct, assertive, and goal-oriented approach to interpersonal interactions.