If the Policies of a Governmental Institution Reflect the Belief

question 366

Multiple Choice

If the policies of a governmental institution reflect the belief that heterosexuality is better or more natural than homosexuality, then this prejudice is called systemic

• A)homophobia.
• B)heterosexism.
• C)sexism.
• D)transsexualism.

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to update account balances to reflect accurate and fair financial statements.

Closing Entry

An accounting entry made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts.

Income Summary

An account used in the closing process that summarizes revenues and expenses for a period, transferring the net income or loss to the owner's equity.

Revenue

The aggregate financial gain acquired by a company from its essential sales activities involving goods or services.