A Transaction That Includes a Debit to an Expense and a Credit

question 92

Multiple Choice

A transaction that includes a debit to an expense and a credit to a liability indicates that:

• A)revenues increased.
• B)expenses decreased.
• C)liabilities increased.
• D)liabilities decreased.

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Definitions:

Cohesive Group

indicates a group characterized by strong bonds and unity among its members, often leading to improved cooperation and performance.

Informal Group

A group formed naturally by individuals within an organization based on personal relationships or shared interests rather than structured, official assignments.

Productive Work

Activities or tasks that contribute to the creation of goods or services and have economic value.

Group Attractiveness

The overall appeal or desirability of a group to its members, influencing cohesion and retention.