Which One of the Following Represents the Expanded Basic Accounting

question 5

Multiple Choice

Which one of the following represents the expanded basic accounting equation?

• A) Assets = Liabilities + Contributed capital + Retained Earnings + Revenues - Expenses - Dividends
• B) Assets + Liabilities = Dividends + Expenses + Contributed capital + Revenues
• C) Assets - Liabilities - Dividends = Contributed capital + Revenues - Expenses
• D) Assets = Revenues + Expenses - Liabilities

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Definitions:

Self-Efficacy Conditioning

A process of building one's belief in their own ability to succeed at specific tasks through repeated experiences of achievement.

Voluntary Behavior

Actions that are performed willingly and without coercion, often reflecting personal choice and control.

Operant Behavior

A type of behavior that is influenced by the consequences that follow it, with rewards typically increasing the frequency of the behavior and punishments decreasing it.

Consequences

The outcomes or effects that result from actions or conditions.