Your Instructor Uses PowerPoint During Class Lectures

question 41

Multiple Choice

Your instructor uses PowerPoint during class lectures. If you copy down the information on the slides without listening to her speak, you are

• A) not mentally organizing information.
• B) engaged in mentally linking information.
• C) engaged in mentally summarizing information.
• D) personalizing information while listening.

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Definitions:

Debits

Accounting entries that result in an increase in assets or expenses and a decrease in liabilities, equity, or income.

Credits

In accounting, credits are entries that decrease assets or increase liabilities and equity on a company's balance sheet.

Double-entry Bookkeeping System

A method of bookkeeping where every entry to an account requires a corresponding and opposite entry to a different account, ensuring the accounting equation is always in balance.

Fraud

A deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.