Which of the Following Is a Correct Statement

question 20

Multiple Choice

Which of the following is a correct statement?

• A)Sales discounts are offered to compensate customers for unsatisfactory merchandise.
• B)Sales discounts are offered to encourage prompt payment by customers.
• C)Sales discounts may result in creating a liability Deferred Revenue.
• D)Sales discounts may result in creating an account Inventory-Estimated Returns.

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Definitions:

Child Development

The biological, psychological, and emotional changes that occur in humans from birth to the end of adolescence, as the individual progresses from dependency to increasing autonomy.

Unconscious Conflicts

Deep-seated, often repressed conflicts within a person's mind, which can affect behaviors and emotions without the person being fully aware of them.

Ecological Theory

A framework suggesting that individual development is influenced by different types of environmental systems, from immediate surroundings to broader societal contexts.

Genetic Determinants

Factors encoded in an individual's DNA that influence their traits and the likelihood of developing certain conditions or diseases.