People with high self-esteem tend to readily dismiss negative feedback, therefore getting very little advantage from such feedback

Adjusting journal entries are prepared ________

A) after preparing the adjusted trial balance B) after preparing the unadjusted trial balance C) after posting the closing entries D) after preparing the financial statements

Bonanza Real Estate Ventures was formed under a state's version of the Revised Uniform Limited Partnership Act. It has three general partners and 1,100 limited partners. The limited partnership interests were offered to the general public at $5,000 per interest. Julie Kay purchased a limited-partnership interest. As such, she

A. Cannot assign her limited-partnership interest to another person without the consent of the general partners. B. Is entitled to interest on her capital contribution. C. Is a fiduciary vis-a-vis the limited partnership and its partners. D. Must include her share of partnership profits in her taxable income even if she withdraws nothing.