Which of the Following Is True About Adjusting Entries

question 37

Multiple Choice

Which of the following is true about adjusting entries?

• A)Entries are necessary due to the conservatism principle.
• B)Entries can be done at the beginning or end of the accounting period.
• C)They zero the balance of all income statement accounts.
• D)They are a necessary part of accrual-basis accounting.

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Definitions:

Needs Assessment

A systematic process to determine and address gaps between current conditions and desired conditions or outcomes.

Nutrition Education Interventions

Initiatives designed to inform and guide individuals on how to improve their diet and manage their nutritional intake effectively.

Instruction Planning

The preparation and design of educational activities and materials, aimed at achieving learning objectives.

Needs Assessment

The process of identifying and evaluating needs in a community or organization.