For a Social Class to Be Bounded It Is Necessary

question 8

Multiple Choice

For a social class to be bounded it is necessary that:

• A) a rule is devised for each class that will include or exclude any particular individual.
• B) the classes are arrayed in terms of some criteria.
• C) an individual belongs to only one class.
• D) every individual in the system fits into some class.

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Definitions:

Control Account

An account used in accounting to summarize the total balances of multiple individual accounts, facilitating internal checks and balances.

Special Journals

Customized accounting journals used for recording and categorizing specific types of transactions such as sales, purchases, and cash receipts in an efficient manner.

General Journal

A fundamental accounting record where all transactions are initially documented through journal entries in chronological order.