The Primary Objective of Reversing Entries Is to

question 100

Multiple Choice

The primary objective of reversing entries is to

• A)place the expenses for the current period in the proper accounts.
• B)simplify the bookkeeping associated with accruals from the prior period.
• C)transfer the balance of the expense accounts to the owner's Capital account and set the accounts equal to zero.
• D)correct errors.

---

Definitions:

Control

In sociology, control refers to the mechanisms, strategies or institutions that regulate individuals' behavior within a society to maintain order and enforce norms.

Action Research

A type of research aimed at creating social change, in which the researcher works closely with members of a community who participate in the research process and collaborate toward the goal of social change.

Objectivity

The practice of maintaining neutrality and impartiality, avoiding bias and personal judgment, especially in research and reporting.

Methodological Approach

A systematic way of addressing problems or answering questions through specified procedures or techniques.