If Each Person Gives Up Part of What He Wants

question 18

Multiple Choice

If each person gives up part of what he wants to provide at least some satisfaction for both parties, the couple is ___________________.

• A) avoiding
• B) accommodating
• C) collaborating
• D) none of the above

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure equality.

Debit And Credit Balance

Accounting terms where debit balances typically exist in asset and expense accounts, and credit balances in liability, equity, and revenue accounts.

Normal Balance

The side of an account (debit or credit) that is expected to have a higher balance, based on accounting rules.

Owner's Drawings

Removal of funds or other valuables from a company by the proprietor for their personal benefit.