Adjusting Entries Are Required

question 40

Multiple Choice

Adjusting entries are required

• A)because some costs expire with the passage of time but have not yet been recorded.
• B)when the company's net income is below budget.
• C)when expenses are recorded in the period in which they are incurred.
• D)when revenues are recorded in the period in which they are earned.

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Definitions:

Hierarchy Of Triggers

A concept in psychology that represents a structured ranking of stimuli that elicit responses in an individual, organized by the level of impact or intensity.

Teaching Relaxation

Techniques provided in therapy to help individuals learn how to reduce stress and anxiety through physical relaxation and mental calmness.

Emotional Responses

Reactions that encompass a wide range of feelings, from happiness and excitement to sadness, anger, or fear, often in response to external stimuli.

Behavioral Responses

Observable reactions or actions of an individual in response to external or internal stimuli.