Externalizing

question 14

Multiple Choice

Externalizing:

• A) identifies a social problem to be addressed
• B) shifts a problem in the narrative to outside the narrator
• C) explains a narrative to an outside person such as an agency representative
• D) moves the narrative to written form

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Definitions:

Year-end Adjustment

Accounting entries made at the end of an accounting period to record revenues and expenses in the correct period, also known as adjusting entries.

Income Statement

Rephrase: A financial statement that shows a company's revenue and expenses over a specific period, highlighting its performance in terms of profit or loss.

Contractual Interest Rate

Rate used to determine the amount of cash interest the borrower pays and the investor receives.

Market Interest Rate

The rate investors demand for loaning funds to the corporation.