Which One of the Following Groups of Accounts Contains Only

question 30

Multiple Choice

Which one of the following groups of accounts contains only assets?

• A)Contributed capital, retained earnings, revenues.
• B)Cash, contributed capital, retained earnings.
• C)Prepaid expenses, land, accounts receivable.
• D)Building, equipment, depreciation expense.

---

Definitions:

Infrastructure Capabilities

The essential facilities and systems serving a country, city, or area, including transportation and communication systems, power plants, and schools necessary for economic function.

Population Growth

The increase in the number of individuals in a population, often discussed in context with economic, environmental, and social impacts.

Purchasing Power

The ability of an individual or group to buy goods or services, often considered in relation to the amount of goods or services that one's money can buy.

Urban Population

The segment of a country's population that resides within towns and cities as defined by governmental standards.