Select the Letter of the Correct Order for Each Set

question 8

Multiple Choice

Select the letter of the correct order for each set of details or sentences.
-Rice Krispies treats are a quick and easy snack to make. (1) _____ When the margarine or butter has melted, add a 10-ounce package of marshmallows and stir until they are completely melted.
(2) _____ Spread and press the coated cereal into a 13x9x2-inch pan coated with cooking spray, and, after it cools, cut it into two-inch squares.
(3) _____ Begin by melting three tablespoons of margarine or butter in a saucepan over low heat.
(4) _____ Remove the melted margarine/marshmallow mixture from the heat and stir in six cups of Rice Krispies cereal.

• A) 2, 4, 1, 3
• B) 4, 3, 1, 2
• C) 1, 2, 4, 3
• D) 3, 1, 4, 2

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Definitions:

Significant Influence

The ability to be involved in the financial and managerial policy decisions of an investment without having controlling authority over those policies.

Fair Value Through Profit or Loss

An accounting approach where financial assets are valued at their current market price, with changes in fair value reported in the profit or loss statement.

Journal Entries

The record of financial transactions in the books of accounts in chronological order, showing the accounts and amounts debited and credited.

Significant Influence

The power to participate in the financial and operating policy decisions of a business, without controlling it.