The Matching Convention Assigns _____ to the Related _____

question 37

Multiple Choice

The matching convention assigns _____ to the related _____.

• A)expenses; revenues
• B)revenues; revenues
• C)assets; liabilities
• D)liabilities; assets
• E)assets; shareholders' equity

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Definitions:

Moral Behavior

Actions that are consistent with societal and personal norms of right and wrong.

Reinforcement And Modeling

Techniques in behavioral psychology for encouraging certain behaviors through rewards (reinforcement) and learning by observing and imitating others (modeling).

Private Speech

Self-directed speech by individuals, especially children, used to guide their own thoughts and behaviors, often seen in Vygotsky’s theories of cognitive development.

Age 5

A developmental stage at which a child is typically in early childhood, focusing on learning through play, social interaction, and beginning formal education.