Which of the Following Types of Accounts Have a Normal

question 179

Multiple Choice

Which of the following types of accounts have a normal credit balance?

• A) assets and liabilities
• B) liabilities and expenses
• C) revenues and liabilities
• D) capital and drawing

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Definitions:

Valid Performance Measures

The evaluation metrics that accurately and reliably reflect the true performance of an individual or organization.

Performance-Based Pay

A compensation system where an employee's pay is directly related to their performance or achievement of specific targets.

Secret Pay Policy

A strategy where an organization chooses not to disclose employees' salaries or the criteria for salary determination to avoid conflict and maintain privacy.

Merit Pay Plans

Compensation strategies that reward employees based on their performance and achievements in the workplace.