Beethoven Company Provided Consulting Services and Billed the Client $3600

question 58

Multiple Choice

Beethoven Company provided consulting services and billed the client $3600. As a result of this event

• A) assets remained unchanged.
• B) assets increased by $3600.
• C) owner's equity increased by $3600.
• D) assets and owner's equity both increased by $3600.

---

Definitions:

Chartering the Project

The process of formally authorizing a project, often through the creation and approval of a project charter that outlines the project's scope, objectives, and stakeholders.

Project Scope

Describes the project's boundaries, deliverables, and requirements, defining what is and is not included in the project.

Milestone Achievement

The successful completion of a significant event or task in a project that marks progress towards the project's goals.

Client's Doubt

A client's uncertainty or questioning regarding aspects of a service or product offering.