An Accounting Record of the Balances of All Assets, Liabilities

question 194

Multiple Choice

An accounting record of the balances of all assets, liabilities, and stockholders' equity accounts is called a

• A) compound entry.
• B) general journal.
• C) general ledger.
• D) chart of accounts.

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Definitions:

Flynn Effect

A term describing the observed substantial and long-term increase in both fluid and crystallized intelligence test scores measured in many parts of the world over the 20th century.

Predictive Validity

The extent to which a score on a scale or test predicts future performance or behavior.

Intrapersonal Intelligence

Intrapersonal intelligence is the capacity to understand oneself, including one's emotions, motivations, and thoughts.

Creative Intelligence

The ability to go beyond existing ideas to create novel and interesting ones, a component of Sternberg's triarchic theory of intelligence.