A Record of the Increases and Decreases in a Specific

question 179

Multiple Choice

A record of the increases and decreases in a specific asset,liability,equity,revenue,or expense is known as a(n) :

• A)Journal.
• B)Posting.
• C)Trial balance.
• D)Account.
• E)Chart of accounts.

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Definitions:

Creative Intelligence

The cognitive ability to produce new ideas, come up with innovative solutions, and think outside the box.

Overly Simplistic

Overly simplistic refers to an explanation, model, or approach that fails to consider the complexity or nuances of the subject matter, leading to a superficial understanding.

Thurstone

Louis L. Thurstone is known for his contributions to psychology, notably in the development of psychometrics and the theory of multiple intelligences.

Spearman

Charles Spearman, a psychologist known for his work in statistics and as the proponent of the g factor theory of intelligence.