Which of the following activities is least likely to be limited to "year-end"?
A) Closing the accounts.
B) Drafting notes to accompany statements.
C) Recording routine transactions.
D) Undergoing an audit.

Question

Quizplus · Accepted Answer

Recording routine transactions is something that occurs throughout the year and is not limited to year-end. Closing the accounts, drafting notes, and undergoing an audit are all activities that typically occur at year-end.

Which of the Following Activities Is Least Likely to Be