How Many Required Steps Are There in the Accounting Cycle

question 175

Multiple Choice

How many required steps are there in the accounting cycle?

• A)11
• B)9
• C)7
• D)5

---

Definitions:

Natural Tendency

An innate or inherent inclination or predisposition towards a particular behavior, action, or thought pattern.

Person-Centered Therapy

A nondirective, humanistic therapy developed by Carl Rogers, in which the therapist creates an accepting climate and shows empathy, freeing clients to be themselves and releasing their natural tendency toward self-actualization.

Insight

The sudden realization of the relationship between elements in a problem situation, which makes the solution apparent.

Cognitive

Pertaining to the mental processes involved in knowledge, understanding, learning, and thinking.