Which Mind Is Focused on Responsibility as Citizens

question 14

Multiple Choice

Which mind is focused on responsibility as citizens?

• A) disciplined mind
• B) synthesizing mind
• C) creating mind
• D) ethical mind

---

Definitions:

Accruals

Accounting method that records revenues and expenses when they are incurred, regardless of when cash transactions occur.

Unrecorded Expense

A cost or liability that has been incurred but not yet documented or included in the financial records or statements of a company.

Unrecorded Revenue

Earnings from completed transactions or delivered goods/services that have not yet been documented in the financial accounts.

GAAP

Generally Accepted Accounting Principles, which are a common set of accounting rules and standards used in the United States for financial reporting.