When an Owner, in a Proprietorship or Partnership, Withdraws Cash

question 73

Multiple Choice

When an owner, in a proprietorship or partnership, withdraws cash or other assets from a business for personal use, these withdrawals are termed

• A) expenses.
• B) salary.
• C) drawings.
• D) a credit line.

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Definitions:

Educational Approach

A method or strategy applied in educational settings to facilitate learning and instructional goals.

Self-Efficacy

The belief in one's ability to succeed in specific situations or accomplish a task.

Dissemination

The act of spreading information, knowledge, or ideas to a wide audience.

Behavior Change

A modification in an individual's actions, habits, or attitudes often aimed at improving personal health or adapting to new circumstances.