Match the Terms with the Definitions

question 38

Multiple Choice

Match the terms with the definitions.

-The decrease in assets (or increase in liabilities) as a result of efforts to produce revenues.

• A) account
• B) accounts payable
• C) accounts receivable
• D) accounting equation
• E) assets
• F) balance sheet
• G) business entity
• H) business entity concept
• I) business transaction
• J) drawing
• K) expenses
• L) income statement
• M) liability
• N) net income
• O) net loss
• P) notes payable
• Q) owner's equity
• R) revenues
• S) statement of owner's equity

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Definitions:

Stimulus

Anything that can trigger a physical or behavioral change.

Social-Cognitive Learning Theory

A theory that posits that people learn new behaviors and information by observing others, incorporating the concepts of observational learning, imitation, and modeling.

Observable Acts

Actions or behaviors that can be seen or measured directly.

Mental Events

Internal occurrences in the mind, such as thoughts, feelings, and perceptions, that can influence behavior.