Which of the Following Statements Is INCORRECT

question 79

Multiple Choice

Which of the following statements is INCORRECT?

• A) Companies sell on account to increase total sales.
• B) Companies sell on account to remain competitive.
• C) Companies sell on account to generate additional forms of revenue.
• D) Companies sell on account to increase bad debt expense.

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Definitions:

Conformity

The adjustment of one's behaviors, attitudes, or beliefs to match those of the group or to meet group standards.

Propinquity

The physical or psychological proximity between people, influencing their likelihood of forming relationships.

Deindividuation

A psychological state of decreased self-evaluation, causing people to ignore usual restraints in the group setting.

Anticonformity

Anticonformity describes behavior that goes against or opposes the norms or standards of a group intentionally, often to maintain a sense of individuality.