Which of the Following Statements Is True

question 74

Multiple Choice

Which of the following statements is true?

• A) Accumulated depreciation is a contra account in the income statement.
• B) The current ratio is current assets divided by current liabilities.
• C) Book value of a building is the cost less the current year's depreciation.
• D) Retained earnings is the accumulated profit plus the accumulated dividends paid.

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Definitions:

Relaxation Technique

Strategies or exercises designed to reduce stress and anxiety, helping individuals achieve a state of calm.

Personal Space

The physical area surrounding an individual that they regard as psychologically theirs, invasion of which can lead to discomfort or anxiety.

Patient's Safety

The reduction of risk of unnecessary harm to an acceptable minimum in the healthcare setting, ensuring the well-being of patients.

Defense Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety or unacceptable thoughts and feelings.