Unfortunately, the Bookkeeper Notices That Two Transactions for Patio Publications

question 197

Multiple Choice

Unfortunately, the bookkeeper notices that two transactions for Patio Publications were not reflected in the balances of the trial balance: one to record $800 of accrued wages and salaries to be paid in the next period, and the other was the use of $560 of office supplies from the supplies on hand.If the Trial Balance column totals are $15,380 prior to discovering these mistakes, what are the totals of the Trial Balance columns after the corrections are made?

• A) $15,860
• B) $15,140
• C) $16,740
• D) $16,180

Understand different types of perceptual errors and biases in organizational behavior.

Identify and explain how perceptual tendencies such as the halo effect, fundamental attribution error, stereotyping, and selective perception influence interpersonal interactions and decision making in the workplace.

Recognize the impact of personality traits on individual behavior in organizations.

Explain the role of projection in attributing personal characteristics to others within a professional context.

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Definitions:

Negligence

Negligence is the failure to take proper care in doing something, leading to damage or injury to another person.

Fictitious Payee Rule

A legal principle stating that if a negotiable instrument is issued to a fictitious payee, it may be treated as payable to bearer, affecting endorsement requirements.

Imposter Rule

A rule that holds that if one obtains a negotiable instrument by impersonating another and endorses it with the impersonated party’s signature, the loss falls on the drawer of the instrument.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify transactions across state lines.