Which of the Following Statements Is Not True

question 155

Multiple Choice

Which of the following statements is not true?

• A) Expenses increase equity.
• B) Expenses have normal debit balances.
• C) Expenses decrease equity.
• D) Expenses are a negative factor in the computation of net income.

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Definitions:

Summary Query

A database query that aggregates data, such as summing numbers or counting occurrences, to provide a summary rather than detailed records.

Query Datasheet

A datasheet view displaying the results of a query in database applications.

Total Row

A row in a spreadsheet or database table that calculates and displays the sum, average, or other aggregate functions of numeric data in columns above it.

Calculate Statistics

The process of analyzing numerical data to derive meaningful insights, often involving measures of central tendency and variability.