The Preparation of Adjusting Entries

question 149

Multiple Choice

The preparation of adjusting entries

• A)is easy because they are simply copied from the work sheet.
• B)is difficult,and therefore they must first be entered into the journal in pencil.
• C)typically precedes preparation of the work sheet.
• D)typically succeeds the preparation of the financial statements.

Develop strategies for bias-free communication when specific personal information is unknown.

Describe approaches for inclusive communication with individuals who have disabilities.

Apply principles of non-discriminatory language in business communications, specifically avoiding racism and ageism.

Understand the concept of the Flynn effect and its implications on the intelligence levels over generations.

---

Definitions:

Capital Structure

The mix of different forms of external financing a firm uses, such as debt, equity, and other securities, to fund its operations and growth.

Debt-to-assets Ratio

A solvency ratio that indicates the percentage of a company's assets financed by debt.

Cost of Equity

The return that a company must earn on the equity-financed portion of its investments to compensate its shareholders for assuming the risk of the investment.