Which One of the Following Is a Correct Fundamental Accounting

question 72

Multiple Choice

Which one of the following is a correct fundamental accounting equation?

• A)Assets + Liabilities = Stockholders' Equity
• B)Assets + Retained Earnings = Stockholders' Equity
• C)Assets + Stockholders' Equity = Liabilities
• D)Assets = Liabilities + Stockholders' Equity

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Definitions:

External Factors

Elements outside an organization or system that can influence its performance or outcomes, such as economic conditions, competition, or legal requirements.

Internal Factors

Elements within an organization or individual that can influence outcomes, such as employee morale, technology, and operational capabilities.

Contrast

The difference or distinction between two or more entities, highlighted by comparing their features or qualities.

External Factor

Refers to any influence, condition, or variable that exists outside of an organization and can affect its performance and strategies.