The Normal Balance of an Account

question 78

Multiple Choice

The normal balance of an account:

• A)is always a debit.
• B)is always a credit.
• C)is the side that increases the account balance.
• D)can be determined from the journal.

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Definitions:

Job Design

The process of organizing tasks, duties, and responsibilities into a productive unit of work to achieve certain objectives.

Job Purpose

The primary goal or objective of a job position, outlining the essential duties and the contribution to the organization.

Job Enlargement

An increase in the range of tasks and duties associated with a job

Merit Pay

Merit pay is a compensation approach where employee performance directly influences the amount of pay increase or bonus they receive, aiming to reward excellence and motivate higher performance.