Which of the Following Statements Is False

question 176

Multiple Choice

Which of the following statements is false?

• A) Revenues increase equity.
• B) Revenues have normal credit balances.
• C) Revenues are a positive factor in the computation of net income.
• D) Revenues are increased by debits.

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Definitions:

Social Learning

A theory that posits people learn new behaviors and attitudes through observation of others (models) and the outcomes of those behaviors.

School Learning

A process that involves acquiring knowledge, skills, values, and attitudes within an educational institution.

Social-learning Approach

The social-learning approach is a theory in psychology that suggests individuals learn behaviors through observing others, imitating them, and seeing the consequences of these behaviors.

Imitation

The action of using someone or something as a model and attempting to replicate their behavior, actions, or features.