Which of the Following Is NOT One of the Three

question 56

Multiple Choice

Which of the following is NOT one of the three main learning disorders recognized in the Diagnostic and Statistical Manual of Mental Disorders?

• A) mathematics disorder
• B) reading disorder
• C) disorder of written expression
• D) speech disorder

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Definitions:

Income Summary

A temporary ledger account used in the closing process to summarize the year's revenues and expenses before transferring the net income or loss to the owner's equity account.

Capital

The financial resources used by a business to fund its operations and growth, including equity and debt.

Income Statement Accounts

Accounts that are included in the income statement, showing revenues and expenses for a specific period.

Purchases Returns

Transactions where a buyer returns goods previously purchased to the seller, often due to defects or other issues, resulting in a credit to the buyer's account.