A ________ Is an Idea or a Theory About What

question 28

Multiple Choice

A ________ is an idea or a theory about what the world is actually like;a ________ is an idea about what the world should be like.

• A) belief;value
• B) value;belief
• C) perception;belief
• D) perception;value

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Definitions:

Proper Order

A systematic arrangement or sequence that things follow which conforms to a set of rules or a standard procedure.

Accounts

Records within financial accounting that track financial transactions of a specific type, such as assets, liabilities, equity, expenses, and revenues.

Trial Balance Totals

The sum of all debit and credit balances in a trial balance, used to verify that the total debits equal total credits in double-entry bookkeeping.

Salary Expense

The total amount paid by a company to its employees as wages or salaries before any deductions.