Which of the Following Is a Real (Permanent) Account

question 139

Multiple Choice

Which of the following is a real (permanent) account?

• A) Goodwill
• B) Service Revenue
• C) Accounts Receivable
• D) Both Goodwill and Accounts Receivable

Understand the distinction between goods and services, including examples and characteristics.

Identify the differences between durable and nondurable goods.

Recognize the impact of product types on marketing strategies.

Comprehend the concept of a product, including tangible and intangible attributes.

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Definitions:

Organizational Commitment

The emotional and psychological attachment of an employee to their organization, influencing their willingness to continue working there.

Agreeableness

A personality trait characterized by compassion and cooperativeness towards others.

Behavioural Plasticity

The capacity of an organism to modify its behavior based on experience or environmental changes.

Personality Characteristic

Innate or acquired traits that define an individual's behavior, thinking patterns, and emotional reactions, contributing to their unique personal identity.