Hassan Enjoys Lifting Weights in His Spare Time, but His

question 67

Multiple Choice

Hassan enjoys lifting weights in his spare time, but his gain in strength has come to a plateau. He is considering giving up weight lifting altogether, unless he experiences significant gains in the near future. Hassan is seeking a ________incentive.

• A) power
• B) reasonable
• C) negative
• D) positive
• E) neutral

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Definitions:

Services Rendered

Work or duties performed for a client, often resulting in payment for the service provider.

Incurred

Costs or expenses that have been realized or experienced by a business as part of its operations.

Journal

An initial record in which financial transactions are entered in chronological order before posting to ledgers.

Debit

An entry recorded on the left side of a double-entry bookkeeping system that increases an asset or expense account, or decreases a liability, equity, or revenue account.