What Should You Do If You Feel Guilty or Judge

question 39

Multiple Choice

What should you do if you feel guilty or judge yourself as you make a journal entry?

• A) Quickly write about a different topic
• B) Record this feeling and reflect on it later
• C) Stop writing and start again at a later time
• D) Ignore the feeling and keep writing

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Definitions:

Organizational Operating Surplus

The excess of revenues over operating expenses within an organization, indicating financial health and efficiency.

Accounting

the systematic process of recording, analyzing, and reporting financial transactions for a business or individual.

Financial Management

The efficient and effective management of money in such a manner as to accomplish the objectives of the organization.

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, that a company uses in its operations and is not expected to consume or sell within a year.