Examlex

Solved

Mary Nabholz Travels the Same Way to Work Every Day

question 61

Multiple Choice

Mary Nabholz travels the same way to work every day.She notices advertisements in store windows when the ads first go up.However,after a few days,Mary no longer pays any attention to these ads because they have become familiar.Which of the following is affecting Mary's response to the ads?


Definitions:

Debit

An entry on the left side of an account, indicating an increase in assets or expenses or a decrease in liabilities, equity, or revenue.

Credit

The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

Supplies Account

An account used in accounting to keep track of the amount spent on supplies not yet used or consumed by the business.

Supplies Expense

The cost incurred from the consumption of supplies that are used in the operations of a business.

Related Questions