An Account Is a Part of the Financial Information System

question 122

Multiple Choice

An account is a part of the financial information system and is described by all of the following statements except:

• A)An account has a debit and credit side.
• B)An account is a source document.
• C)An account may be part of a manual or a computerized accounting system.
• D)An account has a title.

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Definitions:

Achievement Needs

A person's desire for significant accomplishment, mastery of skills, control, or high standards.

Personality Theorist

A psychologist or scholar who specializes in the study of personality, developing theories to explain personal identity and individual differences.

Henry Murray

An American psychologist best known for developing the theory of needs, which identified specific psychogenic needs that motivate human behavior.

Assertiveness

The quality of being self-assured and confident without being aggressive, allowing for the expression of one's needs and desires in a clear and respectful manner.