A Distinguishable Characteristic That Describes One's Tendency to Act in Relatively

question 60

Multiple Choice

A distinguishable characteristic that describes one's tendency to act in relatively consistent manner is called a(n) _____.

• A) trait
• B) self-concept
• C) proneness
• D) consciousness
• E) environmental factor

---

Definitions:

Owner's Equity Accounts

Accounts reflecting the owner's investment in the business plus any profits retained in the business, minus any withdrawals made.

Investment in Stock

The purchase of shares in a company to gain partial ownership and potentially earn dividends or capital gains.

Capital Stock

The amount of money or assets that owners have contributed to a corporation in exchange for shares of ownership.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guide the preparation and presentation of financial statements globally.