Because the Balance at the End of One Accounting Period

question 46

Multiple Choice

Because the balance at the end of one accounting period becomes the opening balance at the start of the next period, balance sheet accounts are known as:

• A) temporary accounts.
• B) permanent accounts.
• C) long-term accounts.
• D) multi-period accounts.

Recognize the milestones and characteristics of physical and cognitive development in adulthood.

Identify the characteristics of moral development according to Kohlberg's theory and recognize the stages where rule obedience is based on punishment avoidance.

Understand the challenges and changes during menopause and identify the average age of onset.

Understand the stages of moral development as proposed by Kohlberg.