Adjusting Entries DFD

question 90

Multiple Choice

Adjusting Entries DFD
-Who are the agents in the Adjusting Entries DFD?

• A)General Ledger and Employee
• B)Adjustments and General Ledger
• C)Accountant and Employee
• D)Trial Balance and Adjusted Trial Balance

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Definitions:

Political Decision Making

The process of making decisions that impact public affairs, often within the frameworks of governments and political institutions.

Private Sector

Refers to the part of the economy that is owned, operated, and funded by private individuals or companies, as opposed to the government.

Majority Voting

A decision-making process where the option that receives the most votes from participants wins, often used in elections and organizational decisions.

Negative Externalities

Costs incurred by third parties not directly involved in an economic activity, for example, pollution affecting non-participating individuals.