Which of the Following Statements Is True

question 15

Multiple Choice

Which of the following statements is true?

• A) Journalizing consists of analyzing and recording transactions in T-accounts.
• B) Preparing a post-closing trial balance helps to prove the accuracy of the adjusting and closing procedures.
• C) The information on the work sheet can be used in place of preparing financial statements.
• D) By using a work sheet to prepare adjusting entries you need not post these entries to the ledger accounts.
• E) All of these statements are true.

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Definitions:

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind without censorship, used to explore the subconscious.

Aversive Conditioning

A behavioral technique that involves teaching individuals to associate an undesirable behavior with an unpleasant stimulus to discourage the behavior.

Rational-emotive

A form of psychotherapy that identifies and changes irrational beliefs, emphasizing emotional well-being through rational thinking.

Gestalt

A theory in psychology suggesting that the mind tends to perceive objects as whole patterns or configurations, rather than merely as sums of individual components.