Which of the Following Types of Accounts Is Not Closed

question 10

Multiple Choice

Which of the following types of accounts is not closed at the end of an accounting cycle?

• A)Revenues
• B)Retained earnings
• C)Dividends
• D)Expenses

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Definitions:

Onerous Obligations

Duties or responsibilities that are burdensome or involve a substantial amount of effort, cost, or difficulty.

Oil Embargo

An oil embargo is a prohibition on the trade of oil, typically imposed by one or more countries against another, often used as a political tool or sanction.

Laryngitis

Inflammation of the larynx, often causing a hoarse voice or loss of voice.

Promotional Ads

Advertisements designed to inform or persuade a target audience about products, services, or events.