Listed Below Are Five Terms Followed by a List of Phrases

question 119

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Error corrections

• A)Involves consolidated financial statements.
• B)The approach used for changes in depreciation methods.
• C)Accounting changes always handled retrospectively.
• D)Required for all material accounting changes and error corrections.
• E)Most are handled under the retrospective approach.

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Definitions:

Type B

Friedman and Rosenman’s term for easygoing, relaxed people.

Hard-Driving

Exhibiting or characterized by aggressive, energetic effort or activity, often in pursuit of a goal.

Type B Personalities

Refers to a personality type characterized by a relaxed, patient, and easy-going nature.

Relaxed

A state of being free from tension and anxiety.