The Part of the Personality That Must Determine the Most

question 149

Multiple Choice

The part of the personality that must determine the most appropriate ways and means of satisfying your biological urges is the

• A) ego.
• B) ego ideal.
• C) id.
• D) superego.

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Definitions:

Accrual Basis

A bookkeeping approach that recognizes income and expenses at the time they are accrued, rather than when the actual cash transaction occurs.

Adjustments

Modifications made to accounting entries to correct errors or allocate revenues and expenses to the appropriate accounting period.

Match Expenses

The accounting principle that requires expenses to be recorded in the same accounting period as the revenues that are earned as a result of those expenses.

Adjusting Entry

Journal entries made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.