Which of the Following Transactions Would Cause One Asset to Increase

question 89

Multiple Choice

Which of the following transactions would cause one asset to increase and another asset to decrease?

• A) The owner invested cash in the business.
• B) The business paid a creditor.
• C) The business incurred an Expense on credit.
• D) The business bought supplies for cash.

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Definitions:

Technology Influences

Refers to the ways in which technology shapes and alters societies, cultures, and individual behaviors.

Technological Determinism

A theory suggesting that technology shapes societal structures, values, and processes in a definitive manner.

Langdon Winner

An American philosopher of technology who focuses on the social and political implications of technology.

Human Agency

The capacity of individuals to act independently and make their own free choices, highlighting the role of human action in shaping society.