Match the Following Terms with the Appropriate Definition

question 382

Multiple Choice

Match the following terms with the appropriate definition.
-The accounting system that recognizes revenue when cash is received and records expenses when cash is paid.

• A)Accrued revenues
• B)Expense recognition (matching) principle
• C)Cash basis accounting
• D)Depreciation
• E)Accrual basis accounting
• F)Interim financial statements
• G)Straight-line depreciation
• H)Time period assumption
• I)Fiscal year

---

Definitions:

Contingent Reward

A leadership approach that uses the promise of reward to motivate followers to achieve agreed upon goals, making the reward conditional on performance.

Cognitive Shortcuts

Mental strategies that simplify decision-making by using approximate, quick solutions instead of detailed analysis.

Stereotypes

Oversimplified generalizations about groups of people that may or may not reflect reality.

Gender Stereotypes

Preconceived notions or beliefs about the characteristics, roles, and behaviors of men and women based on their gender.