A Journal Entry Affecting Three or More Accounts Is Called

question 120

Multiple Choice

A journal entry affecting three or more accounts is called a

• A) multi-level entry.
• B) multi-step entry.
• C) compound entry.
• D) simple entry.

---

Definitions:

Employee Satisfaction

The level of contentment employees feel regarding their job and workplace conditions, which can impact productivity and loyalty.

Bartering

A system of exchange in which participants in a transaction directly trade goods or services without using a medium of exchange, such as money.

Democratic Leader

A leadership style in which the leader makes decisions based on the input and consensus of the group, promoting participation and equality among team members.

Participation, Teamwork

Encourages involvement and collaborative efforts among team members to achieve common goals through shared responsibilities.