What Types of Account Balances Are Increased by Credits? 105)

question 19

Multiple Choice

What types of account balances are increased by credits? 105)

• A)Liabilities and revenues.
• B)Owners' equity and expenses.
• C)Liabilities and expenses.
• D)Revenues and expenses.
• E)Assets and Liabilities.

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Definitions:

Indirect Addressing

A method of addressing memory where the address of the data is held in another location, allowing for more dynamic data access and manipulation.

References

In programming, a way to indirectly access the value of a variable.

Object-oriented Program Design

Involves utilizing principles of object-oriented programming to create structured and modular programs using objects, classes, inheritance, polymorphism, and encapsulation.

Procedural Program Design

Procedural Program Design is a programming paradigm that uses procedures or routines to perform tasks, focusing on the sequence of executable statements to change the program's state.