A Business Makes a Cash Payment of $12 000 to an Account

question 86

Multiple Choice

A business makes a cash payment of $12 000 to an account payable.Which account is debited?

• A)Accounts payable
• B)Cash
• C)Service revenue
• D)Accounts receivable

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Definitions:

Status

The rank or social position accorded to group members in terms of prominence, prestige, and respect.

Culture

In the context of an organization, culture refers to the shared values, beliefs, norms, and practices that shape the behavior and interaction of its members.

Goal Attainment

The achievement of objectives or targets through specific actions or strategies.

Organizational Conflict

Disagreements or disputes between individuals or groups within an organization, often arising from differences in opinions, values, or interests.