Tom Has the Ability to Pay Attention in Class, and Screen

question 33

Multiple Choice

Tom has the ability to pay attention in class, and screen out all the things that are going on around him. What is this called?

• A)outer awareness
• B)selective attention
• C)sensory awareness
• D)selective observation

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Definitions:

Revenue Account

A record that monitors the revenue a firm produces through its regular business activities.

Trial Balance

A financial report that lists all the accounts with their balances at a specific date, used to verify the equality of debits and credits in the bookkeeping system.

Ledger Accounts

Individual records that summarize all the financial transactions regarding a specific aspect of a business's financial activity, such as sales, accounts payable, or owner's equity.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, serving as a preliminary step to financial statement preparation.