A Company Received $75 000 from a Customer 'On Account

question 5

Multiple Choice

A company received $75 000 from a customer 'on account'.The journal entry would be to:

• A)debit Accounts receivable and credit Sales revenue.
• B)debit Sales revenue and credit Accounts receivable.
• C)debit Cash and credit Accounts receivable.
• D)debit Accounts receivable and credit Cash.

Comprehend the principle and application of reliability in test creation, including different methods to assess reliability.

Grasp the significance and methods of ensuring reduced correlation among subtests to ensure a test's construct integrity.

Discern the importance of predicting future performance through tests and the role of statistical analysis in validating tests.

Understand the concept and calculation of correlation coefficients and shared variance.

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Definitions:

Self-Esteem

An individual's subjective evaluation of their own worth, embodying attitudes towards themselves ranging from positive to negative.

Trait Theories

Theories in psychology that focus on identifying, describing, and measuring individual differences in behavioral predispositions.

Self-Actualization

The act of reaching or fulfilling one's own capabilities and talents, perceived as an inherent desire or requirement in everyone.

Unconscious Motives

Unconscious motives refer to hidden and automatic drivers of behavior that are not accessible to an individual's conscious awareness.