Match Each Description with the Item Below

question 79

Multiple Choice

Match each description with the item below.
-Mohammed Mossadegh

• A)was the openly gay cultural figure who wrote the provocative prose-poem "Howl"
• B)challenged bus segregation in Montgomery, Alabama, by being arrested rather than giving up a seat to a white man
• C)wrote The Crack in the Picture Window, a vicious satire of affluent suburbia
• D)was the American pilot who had spied on the Soviets by taking pictures of military installations
• E)proclaimed the creation of a Democratic Republic of Vietnam and used force to resist the restoration of a colonial regime
• F)was the Soviet premier who threatened to give East Germany control of East Berlin and walked out of the resulting summit meeting
• G)was an Arkansas governor who argued that racial integration was an issue of states rights
• H)was a chief justice of the U.S. Supreme Court under whose leadership it was an engine for social and political change
• I)led a Communist regime in Cuba and failed to be ousted despite a secret operation authorized by Eisenhower
• J)was the prime minister of Iran who cut diplomatic ties with Great Britain and was later overthrown

Understand the difference between accrual-basis and cash-basis accounting and why GAAP prefers accrual-basis.

Comprehend the purpose of adjusting entries and their role in the accounting cycle.

Identify the various types of adjusting entries and their impact on financial statements.

Recognize the principles of revenue recognition and the matching principle as foundations of accrual accounting.

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Definitions:

Self-Determination Theory

A theory of motivation that suggests people are driven to grow and change by three innate and universal psychological needs: competence, autonomy, and relatedness.

Competence

Competence refers to the ability of an individual or organization to effectively perform a task or job, based on their knowledge, skills, and experience.

Need Theories

Motivation theories that specify the kinds of needs people have and the conditions under which they will be motivated to satisfy these needs in a way that contributes to performance.

Motivate People

The act of encouraging or inspiring individuals to take action or pursue goals.