The Statement Relating to Reversing Entries That Is Correct Is

question 40

Multiple Choice

The statement relating to reversing entries that is correct is:

• A)Reversing entries are always necessary
• B)There are alternative ways of dealing with the effect of accruals in subsequent periods without using reversing entries.
• C)Reversing entries are never appropriate for deferral type entries
• D)Depreciation is an adjustment that requires reversing in the subsequent period

---

Definitions:

Hormones

Chemical messengers produced by glands in the body, which travel through the bloodstream and regulate various physiological processes and behavior.

Neurofibrillary Tangles

Aggregates of hyperphosphorylated tau protein found in neurons, associated with Alzheimer's disease and other neurodegenerative conditions.

Twisted Protein Fibers

Abnormally shaped protein strands that can accumulate in cells, often associated with neurodegenerative diseases such as Alzheimer's.

Alzheimer's Disease

A progressive neurodegenerative disease characterized by memory loss, cognitive impairment, and functional decline.