SELECT ALL THAT APPLY

question 52

Multiple Choice

SELECT ALL THAT APPLY. Which of the following are factors that are typically stressed by the liberal or identity perspectives but are sometimes added to realist arguments to explain outcomes?

• A) cognitive factors
• B) material factors
• C) economic factors
• D) bureaucratic factors

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Definitions:

After Adjustments

Refers to figures or financial statements that have been modified to reflect changes or corrections to initial entries or accounts.

Closing Process

The closing process involves finalizing accounts at the end of an accounting period, transferring net income and dividend information to retained earnings, and preparing the accounts for the next period.

Owner's Capital

The total value of assets contributed by the owner of a business plus the retained earnings.

Owner's Drawings

Withdrawals of a business's cash or other assets by the owner for personal use.