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3 Written questions

3 Multiple choice questions

  1. any persons or groups who will be affected by an action
  2. Journal entries recorded to update general ledger accounts at the end of a fiscal period
  3. accounts used to accumulate information from one fiscal period to the next

2 True/False questions

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

          

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

          

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