Which of the Following Is a Term or Terms)used to Describe

question 7

Multiple Choice

Which of the following is a term or terms) used to describe a set of beliefs and values that are generally accepted?

• A)paradigm
• B)scientific revolution
• C)behaviorism
• D)organizational behavior

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Definitions:

Internal Control

The process implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Purchase Discounts

A reduction in the price of goods bought, usually for early payment or in bulk quantity.

Net Method

An accounting technique that reports invoice amounts and accounts payable after deducting any available discounts for early payment.

Cash Discount

A reduction in the price paid for goods or services offered to the buyer as an incentive for early payment.