The Ten Steps of the Accounting Cycle Are Presented Below

question 169

Short Answer

The ten steps of the accounting cycle are presented below.Identify the correct order of the steps by placing the numbers 1 (first step)to 10 (last step)by each description.

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Definitions:

Construct

Bipolar quality or continuum used to classify people.

Selective Perception

Process of seeing, hearing, or making sense of the world around us based on such factors as our personality, beliefs, attitudes, hopes, fears, and culture, as well as what we like and do not like.

Punctuation

Process of making sense out of stimuli by grouping, dividing, organizing, separating, and categorizing information.

Thin Slicing

Observing a small sample of someone’s behavior and then making a generalization about what the person is like, based on that sample.