The System of Accounting Where Each Transaction Effects Two or More

question 9

Multiple Choice

The system of accounting where each transaction effects two or more accounts and the sum of the debit entries equals the sum of the credit entries is called:

• A) single entry accounting.
• B) double-entry accounting.
• C) twin accounting.
• D) debit and credit accounting.

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Definitions:

Psychodynamic

Referring to a psychological approach that emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.

Conversion Disorder

A mental condition where a person experiences physical symptoms that are not explainable by medical conditions, believed to arise from psychological conflicts.

Reinforcement

In behavioral psychology, a process that strengthens a particular behavior by providing a consequence an individual finds rewarding.

Pleasurable Outcomes

Positive results or effects that are enjoyable or satisfying.