Which One of the Following Statements Is True

question 1

Multiple Choice

Which one of the following statements is true?

• A) External events (transactions) involve interactions between an entity and a party outside the entity.
• B) Every event or transaction which affects an entity is identified from a source document.
• C) All economic events can be reliably measured.
• D) The movement of raw material into production is an external event.

---

Definitions:

Myers-Briggs Type Indicator

A personality assessment tool that categorizes individuals into 16 personality types based on preferences in perception and decision-making.

Neuroticism

A characteristic of personality identified by feelings of emotional unpredictability, worry, fluctuating moods, quick temper, and melancholy.

Self-Concept

An individual’s perception of themselves, encompassing self-awareness, self-esteem, and the personal identity they recognize as their own.

Compatible

Being able to exist or work together in combination without conflict or problems.