Another Name for Temporary Accounts Is

question 115

Multiple Choice

Another name for temporary accounts is:

• A) Real accounts.
• B) Contra accounts.
• C) Accrued accounts.
• D) Balance column accounts.
• E) Nominal accounts.

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Definitions:

HRM

Human Resource Management, the strategic approach to managing employment relations which includes hiring, administration, and developing policies for working people.

Organizational Change

The process through which a company undergoes a transformation in its business processes, organizational structures, or cultural changes.

Kurt Lewin

A psychologist known for pioneering social, organizational, and applied psychology, including the change management theory involving unfreeze-change-refreeze stages.

Planned Organization Change

A deliberate and structured process designed to transform an organization's operations, strategy, or culture to improve efficiency and effectiveness.