Liability Accounts Are Increased by Debits

question 25

True/False

Liability accounts are increased by debits.

---

Definitions:

Harsh Sentencing Guidelines

Strict legal standards that mandate tough penalties and longer prison sentences for offenders.

Deterrence

An approach to punishment that relies on the threat of harsh penalties to discourage people from committing crimes.

Future Crimes

Acts that are considered illegal or immoral that are predicted to occur based on current trends or technological advancements.

Norm Violations

Actions or behaviors that transgress accepted societal rules or standards, often leading to social sanction.