Which of the Following Is Defined as Factors That We

question 76

Multiple Choice

Which of the following is defined as factors that we are unaware of but that affect our decisions?

• A) discrimination
• B) implicit bias
• C) stereotyping
• D) old boys' network
• E) prejudice

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Definitions:

Incorrect Entry

A mistake or error in recording financial transactions, which can lead to discrepancies in accounting records and financial statements.

Correcting Entry

An accounting entry made to correct an error in the ledger.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period.

Accounting System

A systematic process of recording, summarizing, and reporting the financial transactions of a business or individual.