Your Business Advisor,a Consulting Company,uses Reversing Entries

question 112

Multiple Choice

Your Business Advisor,a consulting company,uses reversing entries.On March 31,2018,the bookkeeper journalized and posted the following adjusting entry to accrue Utilities Expense: Which of the following entries is the correct reversing entry to be prepared on April 1,2018?

Recognize different types of routine and positive messages and their purposes.

Understand the importance of clear and precise communication in routine requests.

Identify the components of effective routine messages, including opening, body, and closing sections.

Employ strategies for managing and organizing multiple requests or questions within a message.

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Definitions:

Market Risk

The risk of losses in investments due to market variables, such as changes in interest rates, currency exchange rates, or stock market fluctuations.

Expected Rate Of Return

The profit or loss an investor anticipates on an investment, expressed as a percentage of the investment's initial cost.

Common Stock

A form of corporate equity ownership, representing a claim on a portion of the corporation's assets and earnings.

CAPM

The Capital Asset Pricing Model is a framework that explains the connection between the expected return on assets, especially stocks, and their systematic risk.