The Process of Recording a Transaction in the Journal Is

question 123

Multiple Choice

The process of recording a transaction in the journal is called:

• A)posting.
• B)summarizing.
• C)journalizing.
• D)preparing the financial statements.

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Definitions:

Frustration-Aggression Hypothesis

A psychological theory proposing that aggression is often the result of blocking, or frustrating, a person's efforts to attain a goal.

Catharsis

The process of releasing, and thereby providing relief from, strong or repressed emotions, often through art, drama, or verbal expression.

Stereotype Threat

Feeling that we will be judged and treated in terms of negative stereotypes of our group, and that we will inadvertently confirm these stereotypes through our behaviour.

Confirming Stereotypes

The act of behaving in a way that reinforces existing stereotypes.