According to the Text, ____________Is the Set of Forces That

question 105

Multiple Choice

According to the text, ____________is the set of forces that initiates, directs, and makes people persist in their efforts to accomplish a goal.

• A) attitude
• B) self-management
• C) persistence
• D) motivation
• E) compliance
• Is the set of forces that initiates, directs, and makes people persist in their efforts to

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Definitions:

Owner's Drawings

Withdrawals made by the owner from the business for personal use, considered as a reduction in the equity.

Owner's Capital

The amount of money and assets invested in a business by its owner, minus any withdrawals.

Net Income

The residual financial gain of a business following the deduction of every expense, tax, and cost from its total revenue.

Accounting Cycle

The collective process of recording and processing the accounting events of a company, culminating in the production of financial statements within a specific period.