Something That Induces a Person to Act Is Called

question 9

Multiple Choice

Something that induces a person to act is called

• A)a trade-off.
• B)a policy.
• C)an incentive.
• D)an opportunity cost.

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Definitions:

Special Journal

A type of accounting journal designed for recording a specific type of transaction in a more efficient manner.

Sales Journal

A specialized accounting journal that records all credit sales transactions of a business.

Subsidiary Ledger

A detailed ledger used to track individual transactions related to a specific account, complementing the general ledger.

General Ledger

The primary accounting record of all financial transactions of a company, organized by accounts, used to prepare financial statements.