Which One of the Following Is Not a Difference Between

question 160

Multiple Choice

Which one of the following is not a difference between a retail business and a service business?

• A) in what is sold
• B) the inclusion of gross profit in the income statement
• C) accounting equation
• D) merchandise inventory included in the balance sheet

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Definitions:

External Motivation

Motivation to engage in an activity due to outside factors such as rewards or pressure from others, rather than for personal satisfaction or enjoyment.

Internal Motivation

The drive to act or engage in an activity for its inherent satisfaction or fulfillment rather than for some separable consequence or external reward.

Learning Disability

A neurological disorder that affects a person's ability to understand, remember, and communicate information, often impacting academic performance.

Characteristics

Distinctive traits or qualities that define and distinguish individuals, objects, or phenomena.