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Below Is a Source Followed by Passage(s) from Student Papers

question 18

Multiple Choice

Below is a source followed by passage(s) from student papers. If the student has summarized, directly quoted, or indirectly quoted the source correctly, select "Correct." If you believe the source is incorrectly summarized or plagiarized, select "Incorrect."
"Human communication depends largely on signs in the form of written or spoken words, images, or gestures. These symbols are conscious and explicit representations of reality ⎯ of objects, actions, and concepts in the world around us. But there is another aspect of symbolism that is equally important though less explicit: the side that relates to our inner psychological and spiritual world. Within this inner world, a symbol can represent some deep intuitive wisdom that eludes direct expression."
⎯ Fontana, David. The Secret Language of Symbols .
San Francisco: Chronicle Books, 1993: 9-10. Print.
Student version: Symbols serve two purposes, according to David Fontana. They are, on the one hand, conscious and explicit representations of reality ⎯ of objects, actions, and concepts in the world around us. On the other hand, they can represent some deep intuitive wisdom that eludes direct expression (9-10) .

Grasp the importance of adjustments in the accounting cycle and their timing.

Comprehend the purpose and calculation of financial ratios, such as the current ratio.

Recognize the limitations and errors that can arise despite balancing work sheets.

Understand the key steps required by GASB Statement No. 68 for pension reporting.

Definitions:

Readiness Risk

The potential for loss or setbacks in a project or initiative due to a lack of preparation or resources.

Competency-Based

An approach that focuses on identifying and developing specific competencies—knowledge, skills, and behaviors—that are critical for success in a role or organization.

Task-Based

Relating to or focusing on discrete tasks or activities rather than overall roles or responsibilities.

Replacement Chart

A visual tool used in succession planning to identify potential candidates for future vacancies within an organization.