The Most Common Revenue Account Is

question 49

Multiple Choice

The most common revenue account is:

• A)cash.
• B)sales.
• C)shareholders' equity.
• D)liabilities.

---

Definitions:

Internalization

The psychological process by which individuals integrate beliefs, values, standards, or norms into their own value system, making them their own.

Moral Standards

Principles governing what individuals believe to be right or wrong conduct.

Instinctual Drives

Fundamental, innate impulses that compel individuals to act or behave in certain ways, such as hunger or reproduction.

Ego

In Sigmund Freud’s theory, the structure that begins to develop in response to the fact that instinctual demands of the id are not always immediately met. The ego develops to curb the desires of id so that the individual does not suffer any unpleasant consequences.