Which of the Following Groups of Accounts Increases with a Credit

question 147

Multiple Choice

Which of the following groups of accounts increases with a credit?

• A) capital, revenues, expenses
• B) assets, capital, revenues
• C) liabilities, capital, revenues
• D) None of these choices

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Definitions:

Formal Structures

Organized frameworks within which activities of an organization are directed towards the achievement of organizational goals.

Embedded Social Relationships

Social connections that are deeply integrated into structures, such as communities or organizations, influencing behavior and decisions.

Virtual Teams

Teams that work together remotely, using digital communication tools to collaborate on projects across different locations.

Computer Mediation

The use of computer systems and software to facilitate or manage interactions and communications between individuals or groups.