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dusya [7]
3 years ago
5

All of the following are true about why it is important to complete the Free Application for Federal Student Aid (FAFSA) process

EXCEPT:
It allows you to be eligible for federal student aid.

It allows you to be eligible for some grants.

It allows you to be eligible for early admission.

It allows you to be eligible for many scholarships.
​
Business
1 answer:
nevsk [136]3 years ago
7 0

Answer:

It allows you to be eligible for early admission

Explanation:

In the Financing Higher Education module, Everfi explains what FAFSA is by stating, "In order to qualify for federal student aid and a lot of other scholarships and grants, you need to fill out the Free Application for Federal Student Aid (FAFSA)". Based on this, you know FAFSA is important because it helps you be eligible for scholarships, grants, and financial aid, but it never says anything about early admission, therefore, making C the answer.

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The adjusting entry to record an accrued expense includes a debit to: a. an expense account and a credit to a liability account.
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