Identify the Assumption Represented in Each Scenario, and Then Decide

question 85

Essay

Identify the assumption represented in each scenario, and then decide if it is satisfied or violated.
$$\begin{array} { | l | l | l | } \hline \text { Scenario } & \text { Assumption } & \text { Satisfied or violated? } \\\hline \text { Extensive Products } & & \\\text { Corporation is a publicly } & & \\\text { traded company. They only } & & \\\text { ssue financial statements to } & & \\\text { external users every other } & & \\\text { year. } & & \\\hline \text { Creative Merchandise Inc. } & & \\\text { adds the cost of land } & & \\\text { purchased in 2014 to the } & & \\\text { balance of land purchased in } & & \\\text { 2000. } & & \\\hline \text { Gary Corp pays the CEO's } & & \\\text { mortgage and records it as } & & \\\text { miscellaneous expense. } & & \\\hline \text { Tackson \& Company } & & \\\text { depreciates property, plant, } & & \\\text { and equipment over their } & & \\\hline \text { useful lives. } & & \\\hline\end{array}$$

---

Definitions:

Task

A piece of work to be done or undertaken, often referring to specific duties or responsibilities assigned in various contexts like work, study, or daily activities.

Unconscious Goals

Desires or objectives that influence behavior without one'sawareness, derived from unconscious motives or unarticulated needs.

Conscious

Pertaining to the state of being aware of and responsive to one's surroundings and own thoughts and feelings.

Self-discrepancy Theory

A psychological model that explains how the mismatch between an individual's actual self, ideal self, and ought self can lead to emotional discomfort.