Which of the Following Sequences of Actions Describes the Proper

question 33

Multiple Choice

Which of the following sequences of actions describes the proper sequence in the accounting cycle?

• A) Prepare, record, post, adjust, analyze, close
• B) Post, close, prepare, adjust, analyze, record
• C) Analyze, record, post, adjust, prepare, close
• D) Record, post, close, prepare, adjust, analyze

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Definitions:

Ethnic Group

A group of people or population united by shared cultural heritage or ancestry.

Racial Group

A category of people who share distinctive physical traits and are considered a single group by society.

SES Group

Socioeconomic status group, categorizing individuals or families based on income, education, and job status.

Socioeconomic Status

A measure of an individual's or family’s social standing or class, determined by a combination of income, education, and occupation.