Accounts Often Need to Be Adjusted Because

question 94

Multiple Choice

Accounts often need to be adjusted because

• A) there are never enough accounts to record all the transactions.
• B) many transactions affect more than one time period.
• C) there are always errors made in recording transactions.
• D) management can't decide what they want to report.

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Definitions:

Ambivalent Sexism

A theory that sexism has two primary components: hostile sexism, which is openly negative, and benevolent sexism, which is superficially positive but reinforces gender inequality.

Elements

Basic components or parts of a larger system or substance.

Self-fulfilling Prophecy

A belief or expectation that an individual holds that causes it to become true simply because the belief influences behavior towards that outcome.

Social Processes

The patterns of interactions and changes in relationships and societal norms over time.