The Basic Accounting Equation, in a Proprietorship, CANNOT Be Restated

question 102

Multiple Choice

The basic accounting equation, in a proprietorship, CANNOT be restated as

• A) Assets - Liabilities = Owner's Equity.
• B) Assets - Owner's Equity = Liabilities.
• C) Owner's Equity + Liabilities = Assets.
• D) Assets + Liabilities = Owner's Equity.

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Definitions:

Instrumental Conditioning

A method of modifying the intensity of a behavior through the use of either rewards or penalties.

Reinforcement Schedule

A strategy in behavioral psychology that determines how and when a response will be rewarded to encourage certain behavior.

Socializing Agent

Individuals, groups, or institutions that play a significant role in integrating people into society by teaching social norms, values, and beliefs.

Effectiveness

The degree to which something is successful in producing a desired result; efficiency.