Which of the Following Is Not True Regarding the Double-Entry

question 222

Multiple Choice

Which of the following is not true regarding the double-entry system?

• A)Transactions must be recorded twice to ensure accuracy.
• B)Debits must equal credits.
• C)Assets must equal liabilities plus stockholders' equity.
• D)Both what is received and what is given in exchange must be recorded.

---

Definitions:

Attachment Style

A concept in psychology that describes the nature of emotional bonds between humans, especially between a child and their caregivers, influencing how individuals connect emotionally to others in adult relationships.

Internal Working Model

A set of expectations about one’s worthiness of love and the availability of attachment figures during times of distress.

Attachment

A deep and enduring emotional bond that connects one person to another across time and space, typically discussed in the context of developmental psychology.

Self-Concept

An individual's perception of self, encompassing beliefs, feelings, and awareness of one's abilities, appearance, and personality.