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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. The percentage relationship between one financial statement item and the total that includes that item
  3. Journal entries used to prepare temporary accounts for a new fiscal period

2 True/False questions

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

          

  2. Adjusting EntriesJournal entries used to prepare temporary accounts for a new fiscal period