Which of the Following Statements Is False

question 176

Multiple Choice

Which of the following statements is false?

• A) Revenues increase equity.
• B) Revenues have normal credit balances.
• C) Revenues are a positive factor in the computation of net income.
• D) Revenues are increased by debits.

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Definitions:

Situational Call

A demand or trigger in an environment that requires an individual to take action or adapt to specific circumstances.

Trait Approach

A perspective in psychology that focuses on the identification and measurement of specific personality characteristics or traits.

Personality Characteristics

Traits or features that define an individual's unique personality, including habits, attitudes, and emotional patterns.

Trait Descriptions

The characterization of individuals based on observable qualities or attributes that tend to be consistent across different situations.