The Adjusting Process Zeroes Out All Revenues and All Expenses

question 113

True/False

The adjusting process zeroes out all revenues and all expenses.

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Definitions:

Voluntary

An action taken out of free will or choice, without compulsion or obligation.

Coerced

The act of compelling or forcing someone to act in a certain way by use of pressure or threats.

Internal Attributions

The process of assigning the cause of behavior to personal aspects such as traits, abilities, or feelings.

External Attributions

The process of attributing the cause of behavior to something outside the individual.