It Is Considered Healthy to Have High Levels of High-Density

question 59

Multiple Choice

It is considered healthy to have high levels of high-density lipoproteins (HDL) . Why is this true?

• A) HDL is important in making complete proteins.
• B) HDL moves cholesterol to the heart.
• C) HDL moves cholesterol to the liver for disposal.
• D) HDL is a form of saturated fat.

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Definitions:

End-of-Period Spreadsheet

A tool, typically in spreadsheet format, used at the end of an accounting period to compile adjustments and prepare financial statements.

Adjusted Trial Balance

A list of all the accounts and their balances after adjusting entries have been made, used to prepare financial statements.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, thereby preparing the temporary accounts for the next accounting period.

Journalize

The act of recording transactions in a company's journal, which is the first step in the accounting cycle.