The Closing Process Includes Which of the Following

question 81

Multiple Choice

The closing process includes which of the following?

• A)Closing the balance of the retained earnings account to zero.
• B)Closing the balance of only the dividends account to zero.
• C)Closing the balances of only revenue and expense accounts to zero.
• D)Closing the balances of revenue,expense and dividend accounts to zero.

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Definitions:

Ligamentum Ovale

Ligamentum Ovale, often considered a mistake or a non-existing term in human anatomy, should likely refer to ligamentum teres or another specific ligament, as the term itself is not standard.

Ligamentum Arteriosum

Remains of the ductus arteriosus.

Ligamentum Venosus

A fibrous remnant of the fetal ductus venosus that connected the umbilical vein to the inferior vena cava, becoming ligamentous after birth.

APGAR Scores

A quick test performed on a newborn at 1 and 5 minutes after birth to assess the baby's heart rate, respiration, muscle tone, reflex response, and color.