If the Balance Sheet Columns of a Work Sheet Fail

question 58

Multiple Choice

If the Balance Sheet columns of a work sheet fail to balance when the amount of profit is added to the Balance Sheet Credit column, the cause could be:

• A)An expense amount entered in the Balance Sheet Debit column.
• B)A liability amount entered in the Income Statement Credit column.
• C)An asset amount entered in the Income Statement Debit column.
• D)A liability amount entered in the Balance Sheet Debit column.
• E)A revenue amount entered in the Balance Sheet Credit column.

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Definitions:

Behavior Modification

The process of changing behavior because of a reward or lack of a reward.

Task Significance

The extent to which a job has a substantial impact on the lives or work of other people, either in the immediate organization or in the external environment.

Manifest Needs Theory

A psychological theory suggesting that certain human needs are openly communicated and visible, influencing behavior in different situations.

Affiliation

The need or desire to form connections with others, often driven by a sense of belonging or social identity.