The Dividends Account Is Normally Closed by Debiting It

question 238

True/False

The Dividends account is normally closed by debiting it.

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Definitions:

Competence

Competence refers to the ability of an individual or organization to effectively perform a task or job, based on their knowledge, skills, and experience.

Need Theories

Motivation theories that specify the kinds of needs people have and the conditions under which they will be motivated to satisfy these needs in a way that contributes to performance.

Motivate People

The act of encouraging or inspiring individuals to take action or pursue goals.

Autonomous Motivation

Motivation that arises from genuine interest or personal value, rather than external pressures or rewards.