Define the Need for Achievement

question 100

Multiple Choice

Define the need for achievement.

• A) Desire to be liked by everyone you meet
• B) Desire to meet minimum standards
• C) Desire to overcome obstacles and to meet high standards of excellence
• D) None of the above

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Definitions:

Revenues

The income generated from normal business operations and includes discounts and deductions for returned merchandise.

Expenses

Outflows of resources or incurrences of liabilities that result in a decrease in the equity of a company, other than distributions to owners.

Accounts Receivable

Money owed to a company by its customers for goods or services provided on credit.

Trial Balance

A bookkeeping report that lists the balances of all ledgers accounts to check the arithmetic accuracy of the accounts.