Which One of the Following Represents the Expanded Basic Accounting

question 36

Multiple Choice

Which one of the following represents the expanded basic accounting equation?

• A)Assets = Liabilities + Common Shares + Retained Earnings + Revenues - Expenses - Dividends.
• B)Assets + Liabilities = Dividends + Expenses + Common Shares + Revenues.
• C)Assets - Liabilities - Dividends = Common Shares + Revenues - Expenses.
• D)Assets = Revenues + Expenses - Liabilities.

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Definitions:

Self-Determination Theory

A psychological theory of motivation that highlights the role of intrinsic motivation in personal development and psychological health.

McClelland's Affiliation Need

The desire to build relationships, feel part of a group, and be liked, which is one of the three social motives according to David McClelland's theory.

Maslow's Belongingness Need

A psychological requirement for human connection and relationships, considered a fundamental human need in Maslow's hierarchy.

Need for Achievement

A personality trait characterized by an enduring drive for success and the setting of high standards of performance.