Which of the Following Is the Final Step in the Accounting

question 135

Multiple Choice

Which of the following is the final step in the accounting cycle?

• A)Prepare financial statements.
• B)Close the accounts.
• C)Prepare an adjusted trial balance.
• D)Post the journal entries to the ledger.

---

Definitions:

Base Class

A class from which other classes are derived.

Instance Variables

Variables defined in a class for which each instantiated object of the class has its own copy.

Final Modifier

A keyword in Java indicating that a variable cannot be reassigned, a method cannot be overridden, or a class cannot be inherited.

Derived Class

In OOP, it is a class that extends another class, inheriting its methods and properties, allowing for polymorphism and code reuse.