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Natural Accounts Are Called So Because They Have the Names

question 84

True/False

Natural accounts are called so because they have the names of their expense categories.


Definitions:

Natural Justice

Procedural fairness in decision-making.

Business Operations

The ongoing, routine activities involved in the running of a business for the purpose of producing value for the stakeholders.

Administrative Laws

A branch of public law that regulates the activities of administrative agencies of government, including rulemaking, adjudication, or the enforcement of specific regulatory agendas.

Criminal Laws

Laws that prohibit certain behaviors and actions considered harmful to society, and outline punishments for breaches of these laws.

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