Match the Terms with the Definitions

question 87

Multiple Choice

Match the terms with the definitions.
-Obligations that are not expected to be paid within a year and do not require the use of current assets.

• A)account form of balance sheet
• B)accounting cycle
• C)classified balance sheet
• D)closing process
• E)current assets
• F)current liabilities
• G)Income Summary
• H)long-term liabilities
• I)operating cycle
• J)permanent accounts
• K)post-closing trial balance
• L)property, plant, and equipment
• M)report form of balance sheet
• N)temporary accounts

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Definitions:

Freud's Stages

Refers to Sigmund Freud's theory of psychosexual development, which divides child development into five stages that focus on different sources of pleasure and conflict.

Development

The process of change and growth in humans or organisms over time, encompassing physical, cognitive, and psychosocial aspects.

Defense Mechanism

Psychological strategies employed unconsciously to protect an individual from anxiety arising from unacceptable thoughts or feelings.

Sublimation

A defense mechanism in which socially unacceptable impulses or idealizations are unconsciously transformed into socially acceptable actions or behavior.