A Psychological Disorder That Is Marked by a Loss of Contact

question 79

Multiple Choice

A psychological disorder that is marked by a loss of contact with reality,includes such symptoms as hallucinations and delusions,and seems to have a strong genetic component is

• A)neuroticism.
• B)depression.
• C)schizophrenia.
• D)mental retardation.

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Definitions:

Accounting Cycle

A process that involves recording and processing all financial transactions of a company, from when the transaction occurs, to its representation in the financial statements.

Closing Entries

Entries recorded at the closing of an accounting cycle to shift balances from temporary to permanent accounts, readying the accounts for the upcoming period.

Post-Closing Trial Balance

A financial statement prepared after all adjusting and closing entries are made, serving to check the balance of debits and credits.

Adjusting Entries

Journal entries made at the end of an accounting period to update account balances to reflect accrued incomes and expenses for the period.