____ Is the Most Widely Recognized Form of Alternative Dispute

question 271

Multiple Choice

____ is the most widely recognized form of Alternative Dispute Resolution.

• A) Arbitration
• B) Mediation
• C) Negotiation
• D) Mini-trial
• E) Litigation

---

Definitions:

Past Transactions

Historical financial activities or operations that have occurred in a company, used for reference or analysis in accounting processes.

Accounts Receivable

Accounts receivable representing amounts due from customers to a business for delivered but unpaid for goods or services.

Revenue

The sum of money earned from the sales of goods or services that are central to a company's main activities.

Inventory

The raw materials, work-in-progress products, and finished goods that a company holds for the purpose of sale in the near future.