Which of the Following Is Not a Purpose of Adjusting

question 50

Multiple Choice

Which of the following is not a purpose of adjusting entries?

• A)To prepare the revenue and expense accounts for recording transactions of the following period.
• B)To apportion the proper amounts of revenue and expense to the current accounting period.
• C)To establish the proper amounts of assets and liabilities in the balance sheet.
• D)To accomplish the objective of offsetting the revenue of the period with all the expenses incurred in generating that revenue.

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Definitions:

DSM-IV

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, a handbook used by healthcare professionals as the authoritative guide to the diagnosis of mental disorders.

Psychological Disorders

A wide range of mental health conditions that affect mood, thinking, and behavior, often diagnosed based on specific criteria.

Genetic Predispositions

The increased likelihood of developing certain diseases or conditions based on one's genetic makeup.

Schizophrenia

A psychiatric syndrome that involves changes in cognition, emotions, speech, self-awareness, and conduct.