Someone Who Is Responsible Is Most Likely High On

question 100

Multiple Choice

Someone who is responsible is most likely high on:

• A) Openness
• B) Agreeableness
• C) Extraversion
• D) Conscientiousness

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Definitions:

Permanent Accounts

Balance sheet accounts whose balances are carried over into the next accounting period.

Balance Sheet

A financial statement that shows an entity's assets, liabilities, and shareholders' equity as of a specific date, providing a snapshot of its financial condition.

Financial Statements

Reports that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.

Income Summary

An account used in the closing process that summarizes the revenues and expenses for a period, helping to determine the net income or loss.