A T Account Is

question 12

Multiple Choice

A T account is

• A)a way of illustrating the basic form of an account.
• B)a special account used to record only debits.
• C)a special account used to record only credits.
• D)the actual account form used in real accounting systems.

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Definitions:

Unethical Practices

Actions or behaviors that violate moral or professional guidelines meant to maintain fairness, integrity, or respect for the rights and welfare of others.

Managers

Individuals in an organization responsible for planning, leading, organizing, and controlling resources to achieve specific goals.

Business

The practice of making one's living by engaging in commerce, including the operation of companies and the buying and selling of goods and services.

Ethical Activities

Involves actions and practices that follow moral principles and standards in a professional context.