An Individual Asset Has Increased

question 105

Multiple Choice

An individual asset has increased. Which of the following is possible?

• A)There is an equal decrease in owners' equity.
• B)Both liabilities and owners' equity decrease.
• C)There is an equal decrease in another asset.
• D)There is an equal decrease in a liability account.

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Definitions:

Blood-Injection-Injury Type Phobias

Extreme fears of seeing blood or an injury or of receiving an injection or another invasive medical procedure, which cause a drop in heart rate and blood pressure and fainting.

Natural Environment Type Phobias

Fears associated with objects or situations in the natural environment, such as heights, water, or animals.

Situational Type Phobias

Phobias that are triggered by specific situations or environments, such as flying, heights, or enclosed spaces.

Animal-type Phobias

Specific phobias that involve an irrational and disproportionate fear of certain animals or insects.