Which of the Following Accounts Is an Owners' Equity Account

question 49

Multiple Choice

Which of the following accounts is an owners' equity account?

• A)Accrued liability
• B)Prepaid expense
• C)Capital
• D)Accounts payable

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Definitions:

Higher-Level Order

Higher-level order typically involves more complex thinking, reasoning, or organizational structures that go beyond basic or immediate considerations.

Lower-Level Interactions

Basic or simple forms of communication and engagement between individuals or groups, often routine or procedural.

Complexity Leadership Theory

A framework that views leadership effectiveness in the context of adapting to and navigating complex, dynamic organizational environments.

Bureaucracy

An organizational structure characterized by hierarchical authority, rigid division of labor, and strict adherence to rules and procedures.