A Business's Record of the Increases and Decreases in a Specific

question 121

Multiple Choice

A business's record of the increases and decreases in a specific asset,liability,equity,revenue,or expense is known as a(n) :

• A)Journal.
• B)Posting.
• C)Trial balance.
• D)Account.
• E)Chart of accounts.

---

Definitions:

Positive Outcome

A result or effect that is beneficial or advantageous.

Conflict Resolution

The process of resolving a disagreement or dispute between parties in a constructive manner.

Conflict Management

The practice of identifying and handling conflicts in a sensible, fair, and efficient manner.

Levels of Conflict

The various stages or intensities of disagreement or opposition between parties, ranging from mild differences to severe disputes.