An Employee in Charge of Collecting Tickets at the Entrance

question 10

Multiple Choice

An employee in charge of collecting tickets at the entrance of a movie theatre lets her friends enter the theatre without paying for tickets.She thinks it is fine to do so because the employees at the popcorn bar give free popcorn to their friends.This type of rationalization is because:

• A)Denial of responsibility
• B)Denial of the victim
• C)Everyone else is doing it
• D)Appeal to higher loyalties
• E)Entitlement

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Definitions:

Sales Revenue

Revenue generated through the sale of products or offerings during a specific timeframe.

Other Accounts Column

A ledger or journal column reserved for transactions that do not fit into the standard categories of accounting entries.

General Ledger

A complete record of all financial transactions over the life of a company, serving as the foundation of the financial statements.

Cross-footed

A term used in accounting to describe the process of checking the accuracy of figures by verifying the sums across different columns on a financial document.