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3 Written questions

3 Multiple choice questions

  1. accounts used to accumulate information until it is transferred to the owner's capital account
  2. A trial balance prepared after the closing entries are posted
  3. The series of accounting activities included in recording financial information for a fiscal period

2 True/False questions

  1. Permanent Accountsaccounts used to accumulate information from one fiscal period to the next


  2. Stakeholdersany persons or groups who will be affected by an action


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