When a Liability Account Is Credited, It Indicates

question 92

Multiple Choice

When a liability account is credited, it indicates

• A) a decrease in the amount owed to creditors.
• B) an increase in the amount owed to creditors.
• C) an increase in the amount owed by customers.
• D) a decrease in the amount owed by customers.

---

Definitions:

Debriefing Procedure

A process following a research study or mission where participants or team members are systematically informed about the study's purpose, procedures, and findings.

Informed Consent

A process ensuring that a participant is fully aware of all aspects of a procedure or experiment, including potential risks and benefits, before agreeing to participate.

Psychological Research

The systematic study of behavior, brain function, and mental processes through experiments and observation.

Unethical

Actions or behaviors that go against moral principles or professional standards, often causing harm or conflict.