Total Debits Must Always Equal Total Credits in Order for a Trial

question 34

True/False

Total debits must always equal total credits in order for a trial balance to balance.

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Definitions:

Bystander Effect

A social psychological phenomenon where individuals are less likely to offer help to a victim when other people are present, often resulting from diffusion of responsibility.

Polarization Effect

A process whereby a group's viewpoints become more extreme as the members discuss and reinforce one another's attitudes, often leading to a more pronounced division.

Recency Effect

The tendency to evaluate others in terms of the most recent impression.

Social Influence

The area of social psychology that studies the ways in which people influence the thoughts, feelings, and behavior of others.