Which Usually Indicates an Error

question 128

Multiple Choice

Which usually indicates an error?

• A) A debit balance in Cash.
• B) A credit balance in Land.
• C) A debit balance in Rent Expense.
• D) A credit balance in Owner's Capital.

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Definitions:

Power Distance

The extent to which less powerful members of organizations and institutions accept and expect power to be distributed unequally.

Assertiveness

The quality of being self-assured and confident without being aggressive, allowing for clear and respectful communication of one's opinions and needs.

Collectivism

A cultural value that prioritizes group goals over individual goals and emphasizes the importance of cohesion within social groups.

Uncertainty Avoidance

A cultural or individual preference for clear procedures and rules as a way to reduce the unpredictability of future events.