According to the Text,several Researchers Investigated the Effects of People's

question 133

Multiple Choice

According to the text,several researchers investigated the effects of people's intuition about what factors affect their mood.Their results show that

• A)there is a high correlation between people's perceptions of how well a factor predicted their mood and how well it actually did so.
• B)there is low correlation between people's perceptions of how well a factor predicted their mood and how well it actually did so.
• C)there is a moderate correlation between people's perceptions of how well a factor predicted their mood and how well it actually did so.
• D)there is no correlation what so ever between people's perceptions of how well a factor predicted their mood and how well it actually did so.

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Definitions:

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenses to the periods in which they actually occurred.

Rent Expense

The cost incurred by a business to utilize property or equipment for operational purposes, recognized as an expense on the income statement.

Accrual Adjusting Entry

An accounting entry made to record revenues that have been earned or expenses that have been incurred but not yet recorded through the normal transaction process.

Interest Expense

The financial charge for the use of borrowed capital, reflected in the income statement.