A Debit Is Not the Normal Balance for Which of the Following

question 157

Multiple Choice

A debit is not the normal balance for which of the following?

• A) Asset account
• B) Dividends account
• C) Expense account
• D) Share capital-ordinary account

---

Definitions:

Out Of Control

A term often used in quality management to describe a process that does not operate within its set control limits, indicating variations that could lead to defects.

Upper Control Limit

The highest value on a control chart that signals when a process is out of control due to variables beyond normal fluctuations.

Sample Means

The average value calculated from a sample of items or individuals, used as an estimate of the population mean.

Basic Statistics

Fundamental principles and techniques used for collecting, analyzing, interpreting, and presenting data.