The True Statement Is

question 43

Multiple Choice

The true statement is:

• A) reversing entries are always necessary.
• B) reversing entries are optional and are only made so that the accounting at the beginning of the new accounting period is less complicated.
• C) all prepayments need to be reversed.
• D) reversing entries are made on the last day of the financial year.

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Definitions:

Chronic Illness

A long-standing, persistent health condition that often requires ongoing medical attention or management.

Daily Activities

Routine tasks and behaviors performed by individuals on a daily basis, essential for personal care and living.

Psychosocial

Referring to the interrelation of social factors and individual thought and behavior, highlighting how social environments influence psychological development.

Risk Factors

are characteristics or conditions that increase the likelihood of developing a disease or injury.