Identify the Statement Below That Is Incorrect

question 107

Multiple Choice

Identify the statement below that is incorrect.

• A)The normal balance of accounts receivable is a debit.
• B)The normal balance of owner's withdrawals is a debit.
• C)The normal balance of unearned revenues is a credit.
• D)The normal balance of an expense account is a credit.
• E)The normal balance of the owner's capital account is a credit.

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Definitions:

Facility Location

The process of determining the optimal placement for operations, considering factors like cost, accessibility, and proximity to markets.

Capacity Allocation

The process of determining and assigning the available capacity or resources of a facility, system, or organization to various tasks or projects to optimize efficiency and output.

Responsiveness

The ability of a company to respond to changes in demand, production, supply, and the market environment quickly and effectively.

Locate Facilities

The process of determining the most strategic places for operations, considering factors like cost, accessibility, and supply chain efficiency.