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3 Written questions

3 Multiple choice questions

  1. The series of accounting activities included in recording financial information for a fiscal period
  2. any persons or groups who will be affected by an action
  3. accounts used to accumulate information from one fiscal period to the next

2 True/False questions

  1. Post-Closing Trial BalanceJournal entries used to prepare temporary accounts for a new fiscal period


  2. Component PercentageThe percentage relationship between one financial statement item and the total that includes that item


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