Which One of the Following Steps in the Accounting Cycle

question 176

Multiple Choice

Which one of the following steps in the accounting cycle is optional rather than required?

• A)Business transactions are recorded
• B)Adjustments are recorded
• C)The accounts are closed
• D)Work sheets are prepared

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Definitions:

Sociologists

Professionals who study society and social behavior by examining the groups, cultures, organizations, social institutions, and processes that people develop.

Formative Experiences

Refers to significant events, stages, or interactions in an individual's early life that play a crucial role in shaping their character, beliefs, and behavior.

Age Stratification

The hierarchical ranking and division of society into groups based on age, affecting access to resources and power.

Age Cohort

A group of individuals who share a similar age, allowing for statistical analyses and comparisons within a population.