The Process by Which Society Influences Members to Internalize Attitudes

question 53

Multiple Choice

The process by which society influences members to internalize attitudes and expectations is called

• A) socialization.
• B) psychological acquisition.
• C) role playing.
• D) status conferral.

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Definitions:

Journalizing

The process of recording a transaction in the journal.

Adjustments and Closing Entries

The journal entries made at the end of an accounting period to allocate income and expenditures to the appropriate periods.

Ledger

A book or database in which financial transactions are recorded, organized by account.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.