Nominal Accounts Are Also Called

question 19

Multiple Choice

Nominal accounts are also called

• A)temporary accounts.
• B)permanent accounts.
• C)real accounts.
• D)none of these.

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Definitions:

Expectations

Anticipated outcomes or behaviors in a given situation.

Behavior

The actions or reactions of an individual or group, often in response to their environment.

Halo Effect

A cognitive bias where an individual's overall impression of a person influences how they feel and think about that person's character.

Characteristic

A distinguishing quality, trait, or feature of a person, thing, or category.