__________ Thinking Is Nonconscious, Effortless, and Unintentional, Whereas __________ Thinking

question 180

Multiple Choice

__________ thinking is nonconscious, effortless, and unintentional, whereas __________ thinking is conscious, effortful, and intentional.

• A) Biased; accurate
• B) Automatic; controlled
• C) Controlled; automatic
• D) Illogical; logical

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Definitions:

Salaries and Wages Expense

The total expense for a company from paying salaries and wages to its employees during a financial period, reflecting the cost of labor.

Salaries and Wages Payable

Liabilities arising from employees' salaries and wages that have been earned but not yet paid.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the correct periods.

Supplies Account

An account that tracks the cost of supplies used or on hand during an accounting period.