In Projected Financial Statements, What Account Is Used as a Plug

question 83

Multiple Choice

In projected financial statements, what account is used as a plug figure?

• A) retained earnings
• B) fixed assets
• C) cash
• D) long-term liabilities
• E) stockholders' equity

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Definitions:

Quantitative Trait

A measurable phenotype that depends on the cumulative actions of many genes and possibly environmental factors.

Fitness Function

A concept used in genetics and evolutionary biology to measure an organism's ability to survive and reproduce.

Directional

Pertaining to or indicating the direction in which something is moving or facing; also refers to evolutionary changes in a population that favor a specific set of traits.

Stabilizing

A type of natural selection that favors the average individuals in a population, thus maintaining the population’s genetic stability over time.