Use the Following Information for Questions Through

question 435

Multiple Choice

Use the following information for questions through. Giselle Ltd.is a calendar-year corporation.Its financial statements for the years 2015 and 2014 contained errors as follows:
-Assume that the proper correcting entries were made at December 31, 2014.By how much will 2015 pre-tax income be overstated or understated?

• A)$2,000 understated
• B)$2,000 overstated
• C)$6,000 overstated
• D)$8,000 overstated

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Definitions:

Industrial Psychology

A field of psychology that applies psychological theories and principles to organizations, focusing on workplace behavior and how to improve productivity and well-being.

Experimental Psychologist

A scientist who studies the mind and behavior by conducting experiments under controlled conditions to identify relationships between variables.

S Data

Solicited feedback or personal accounts used in psychological assessments or research.

Arrest Records

Official documents that record an individual's histories of arrest, including the reasons for the arrest and the outcomes.