IIA
IIA-CIA-PART3 · Question #33
Which of the following types of accounts must be closed at the end of the period?
The correct answer is A. Income statement accounts. You've hit your session limit · resets 10:20pm (America/New_York)
Question
Which of the following types of accounts must be closed at the end of the period?
Options
- AIncome statement accounts.
- BBalance sheet accounts.
- CPermanent accounts.
- DReal accounts.
How the community answered
(61 responses)- A80% (49)
- B5% (3)
- C11% (7)
- D3% (2)
Explanation
You've hit your session limit · resets 10:20pm (America/New_York)
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