____________________ Refers the Acquisition of the Norms and Behaviours Expected

question 131

Short Answer

____________________ refers the acquisition of the norms and behaviours expected of people in a particular society.

Apply accounting principles to analyze financial statements.

Understand the fundamentals of accrual-basis accounting and its importance in reporting financial activity accurately.

Understand the difference between accrual-basis and cash-basis accounting and why GAAP prefers accrual-basis.

Comprehend the purpose of adjusting entries and their role in the accounting cycle.

---

Definitions:

Cognitive Theories

Theories focusing on the study of mental processes such as perception, memory, thought, and problem solving.

Psychometric Theories

Theories related to the psychological measurement of skills, knowledge, abilities, attitudes, personality traits, and educational achievement.

Cognitive Bias

A systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Concept Hierarchy

A system of organizing concepts from the most general to the most specific, facilitating understanding and learning by structuring knowledge in a hierarchical manner.