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The Accountant Records Only the Events That Affect the Financial

question 77

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The accountant records only the events that affect the financial position of the entity and that can be reasonably determined in monetary terms.


Definitions:

Stress Hormones

Chemicals released by the body in response to stress, such as cortisol and adrenaline, which prepare the body to deal with threats or pressure.

Two-Factor Theory

Two-Factor Theory, in the context of emotion, suggests that emotions are based on physiological arousal and cognitive labels; we interpret our physical responses and decide on the emotion we're feeling.

Epinephrine

Serving as both a hormone and a neurotransmitter, adrenaline is vital for the body's fight-or-flight reaction to threats or stress.

Cannon-Bard Theory

A theory in psychology suggesting that emotions and physiological reactions such as heart rate increase occur simultaneously.

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