Which Equation Is the Correct Accounting Principle

question 24

Multiple Choice

Which equation is the correct accounting principle?

• A) Owner's equity = assets + liabilities
• B) Assets = liabilities + owner's equity
• C) Liabilities = owner's equity + assets
• D) None of the above

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Definitions:

Person-Centered Therapy

A psychological approach that emphasizes the importance of the individual's subjective experience and the therapeutic relationship, based on principles of empathy, congruence, and unconditional positive regard.

Behavior Therapies

A range of therapies that focus on changing maladaptive behaviors through techniques such as conditioning and reinforcement.

Emotional Flooding

A state where an individual feels overwhelmed by emotions to the point where it becomes difficult to think clearly or react rationally.

Genuineness

In therapeutic relationships, it refers to the therapist's ability to be authentic and transparent with their feelings and thoughts.