Which Accounts Are Closed in the Closing Process

question 11

Multiple Choice

Which accounts are closed in the closing process?

• A) All ledger accounts
• B) All balance sheet accounts
• C) All unadjusted accounts
• D) All income and expense accounts

---

Definitions:

Attachment Change

A shift in the emotional bond or relationship between individuals, which can occur due to various life events or experiences.

Ainsworth

A psychologist best known for her work on attachment theory, particularly the development of the Strange Situation procedure to study attachment relationships between caregivers and children.

Attachment Phase

A critical period in early childhood development during which a young child starts forming emotional bonds with caregivers, typically leading to a sense of security.

Under Stress

The state of experiencing tension, pressure, or strain, which can affect an individual's mental and physical health.