Which of the Following Is Considered a "Contra" Account

question 97

Multiple Choice

Which of the following is considered a "contra" account?

• A)Deferred Revenue.
• B)Goodwill.
• C)Accumulated Depreciation.

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Definitions:

Authoritarian

A governing system or leadership style characterized by strong central power and limited political freedoms.

Democratic

Pertaining to a system of government by the whole population or all the eligible members of a state, typically through elected representatives.

Laissez-faire

An economic principle advocating minimal governmental interference in the free market and the economic affairs of individuals.

Bureaucratic Innovations

New methods, policies, or practices implemented within bureaucratic structures to improve efficiency, responsiveness, or outcomes in organizational or governmental operations.