Kim Is a First-Time Mom and Feels Like Each Day

question 63

Multiple Choice

Kim is a first-time mom and feels like each day is a learning experience. This morning, she yelled at her toddler to stop, thinking he might fall, but he fell anyway and was scared by her loud voice. At first, she felt badly about herself, but then she decided she should not beat herself up but rather make a mental note about it for next time. Kim is exemplifying __________.

• A) humanity
• B) mindfulness
• C) meditation
• D) narcissism

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Definitions:

Capital Drawing

Withdrawals made by the owner(s) from the business for personal use, reducing the total capital invested in the business.

Journalize

The process of recording business transactions in the journal as part of the accounting cycle.

Transactions

Financial events that result in changes to the financial position of a company, such as sales, purchases, and payments.

Equipment

Long-term assets that are used in the production of goods and services; these are tangible in nature.