Under U.S.GAPP

question 159

Multiple Choice

Under U.S.GAPP

• A)Currency signs are generally used in the journal, ledger, trial balance, and financial statements.
• B)Share Capital-Ordinary is referred to as Retained Earnings.
• C)The statement of financial position is often called the statement of changes in financial position.
• D)The rules of debits and credits, and the steps in the recording process are the same as under IFRS.

---

Definitions:

Caregiver Relationships

The dynamics and interpersonal interactions between an individual who provides care and the recipient of care, often involving emotional, physical, and social support.

Defense Mechanism

Psychological strategies employed unconsciously to protect oneself from anxiety or unacceptable thoughts and feelings.

Splitting

A defense mechanism in psychoanalysis where an individual views others or themselves as all good or all bad, lacking nuance.

Psychoanalytic Approaches

Therapy modalities based on Freudian concepts that explore unconscious motivations and early childhood experiences affecting current behaviors.