Bob Has a Negative View on Everything from His Job

question 79

Multiple Choice

Bob has a negative view on everything from his job to his house to the behavior of his kids.The tendency for an individual to experience negative emotions across a wide variety of situations is called

• A)internal locus of control.
• B)external locus of control.
• C)negative affectivity.
• D)spillover.

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts and prepare the company's books for the next period.

Operating Entity

An organization or firm that engages in commercial, industrial, or professional activities.

Owner's Capital Account

An account on a company's balance sheet representing the total investment made by the owner(s), minus any withdrawals.

Financial Statements

Comprehensive reports that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.