A Business's Record of the Increases and Decreases in a Specific

question 187

Multiple Choice

A business's record of the increases and decreases in a specific asset, liability, equity, revenue, or expense is known as a(n) :

• A) Posting.
• B) Trial balance.
• C) Chart of accounts.
• D) Journal.
• E) Account.

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Definitions:

European Community

A historic term for the initial stages of what is now the European Union, focused on economic and political integration among European nations.

Chameleon Effect

The unconscious tendency of individuals to mimic the postures, mannerisms, facial expressions, and other behaviors of their interaction partners.

Informational Social Influence

The change in opinions or behavior that occurs when individuals conform to the attitudes or actions of others, based on the desire for accuracy.

Cough

A sudden, forceful expulsion of air from the lungs typically as a reflex to clear the throat or airways.