Complete the Following Using the Terms Listed

question 9

Multiple Choice

Complete the following using the terms listed.
-The basic relationship that states assets equal liabilities plus owners' equity is called the _____.

• A)certified public accountant
• B)International Financial Reporting Standards
• C)asset
• D)liability
• E)Owners' equity
• F)accounting equation
• G)balance sheet
• H)income statement
• I)Sarbanes-Oxley Act (SOX)
• J)accrual accounting
• K)open book management
• L)budget
• M)generally accepted accounting principles (GAAP)
• N)Financial Accounting Standards Board (FASB)
• O)profitability ratios
• P)International Accounting Standards Committee (IASC)
• Q)Leverage ratios
• R)management accountant

---

Definitions:

Subliminal Perception

The process by which stimuli are presented below the threshold of conscious awareness but still influence thoughts, feelings, or actions.

Acupuncture

Use of pins to diminish pain, possible because of stimulation of release of endorphins and cortisol.

Kinesthesis

The sensory system's ability to detect body position and movement, enabling coordination and balance.

Vestibular Sense

The sensory system responsible for balance and spatial orientation, located in the inner ear.