When Using a Work Sheet

question 151

Multiple Choice

When using a work sheet

• A)an equal number of account titles are applicable to the Income Statement columns and the Balance Sheet columns.
• B)adjusting entries are not made since they appear on the work sheet.
• C)net income appears in both the Income Statement debit column and the Balance Sheet credit column.
• D)the Income Statement column and Balance Sheet column of the work sheet eliminate the need to prepare formal financial statements.

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Definitions:

Dispositional Nature

Refers to inherent personality traits and tendencies that influence an individual's behavior and reactions.

Task Difficulty

The level of challenge presented by a task, which can affect an individual's performance and motivation.

Weiner

Refers to Bernard Weiner, an American psychologist known for his attribution theory in social psychology.

Expended Effort

The amount of energy, time, or resources utilized to achieve a result or complete a task.