The Reputation of Japan's Bureaucracy, Both Within the Country and Abroad

question 44

Multiple Choice

The reputation of Japan's bureaucracy, both within the country and abroad, has suffered due to

• A) scandals.
• B) politicians claiming a greater share of policy-making at the expense of the bureaucracy.
• C) the depressed state of the Japanese economy.
• D) diminishing tax revenue and tighter public spending.
• E) All of the above statements are true.

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Definitions:

Debit And Credit Rules

The guidelines used in double-entry bookkeeping where for every debit entry, there must be a corresponding credit entry, and vice versa, to ensure the accounting equation is always balanced.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check the accuracy of financial records.

Errors In Journalizing

Mistakes made during the process of recording transactions in the journal, which can include omission, duplication, or incorrect entries.

Owner's Drawings

These are the withdrawals of cash or other assets by the owner from the business for personal use.