Accounts Receivable and Accounts Payable Are Examples of

question 56

Multiple Choice

Accounts Receivable and Accounts Payable are examples of

• A) nominal accounts.
• B) controlling accounts.
• C) subsidiary ledger accounts.
• D) both nominal accounts and controlling accounts.

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Definitions:

Applied Behavioral Analysis

A therapy based on understanding and improving specific behaviors, often used for individuals with autism.

Scheme

A systematic plan of action designed to achieve a specific goal.

Organized Patterns

Predetermined or structured ways in which elements are arranged, leading to predictable outcomes.

Situation

The set of all external and internal factors that are present at a given time and place, influencing an individual's actions and decisions.