The Opposite of a Discretionary Approach Is a ________ Approach

question 109

Multiple Choice

The opposite of a discretionary approach is a ________ approach.

• A) rules based
• B) activist
• C) non-activist
• D) Keynesian

Comprehend the dimensional approach to classifying personality disorders.

Understand the diagnostic differences and similarities among eating disorders.

Acknowledge the medical model's approach to understanding and treating mental disorders.

Recognize the interplay between neurotransmitter dysfunctions and mood disorders.

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Definitions:

Adjusting Entries

Entries recorded at the conclusion of an accounting period to adjust the balances of accounts prior to the compilation of financial statements.

Income Statement Accounts

Accounts used to record transactions affecting a company’s income, expenses, and the resulting net income or loss over a period of time.

Balance Sheet Accounts

Categories within the balance sheet that include assets, liabilities, and shareholders' equity, each of which is essential for showcasing the company's financial health.

Natural Business Year

A fiscal year that ends when a business's sales activities are at their lowest point, facilitating easier inventory and activity analysis.