If a Person Performs Poorly in Many Different Situations, the Tendency

question 51

Multiple Choice

If a person performs poorly in many different situations, the tendency is to attribute the person's poor performance to __________ causes; but if the person performs poorly only occasionally, the tendency is to attribute the person's poor performance to __________ causes.

• A) external; internal
• B) internal; external
• C) external; external
• D) outside; inside
• E) inside; outside

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Definitions:

Net Income

The net income of a business following the deduction of all costs and tax obligations from its total revenue.

Unadjusted Trial Balance

A listing of all the accounts and their balances from a company's general ledger before any adjusting entries are made for accounting purposes.

Cash Account

A cash account is a brokerage account that requires the investor to pay the full amount for securities purchased and to receive full delivery of the securities sold.

Two-Column Journal

A fundamental accounting record with two columns used for debits and credits to record financial transactions.