Which of the Following Would Be Considered a Regulatory Policy

question 77

Multiple Choice

Which of the following would be considered a regulatory policy?

• A) a social insurance policy
• B) a food safety policy
• C) a monetary policy
• D) a redistributive policy
• E) a federal stimulus policy

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Definitions:

Cash Payments Journal

A financial journal that records all cash payments made by a business, including expenses, asset purchases, and debt payments.

Accounts Receivable Subsidiary Ledger

A detailed ledger that contains individual customer accounts, tracking the amounts owed by each customer to a business.

General Ledger

A comprehensive record of all financial transactions, organized by account, used to compile financial statements.

Control Accounts

General ledger accounts that summarize the details of transactions recorded in subsidiary ledgers.