Which of the Following Statements About Expenses Is Not True

question 169

Multiple Choice

Which of the following statements about expenses is not true?

• A) Expenses decrease owner's equity.
• B) Expenses have normal debit balances.
• C) Expenses increase owner's drawings.
• D) Expenses are subtraced from revenues in the computation of net income.

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Definitions:

Maladaptive Responses

Actions or behaviors that may provide a temporary solution to a stressor but ultimately are ineffective or harmful in the long-term.

Self-help Group

A voluntary association of individuals who share a common desire to overcome personal issues or improve their life circumstances, often providing mutual support and resources.

Psychoanalytic Therapy

A therapeutic approach developed by Sigmund Freud that seeks to explore and resolve unconscious conflicts and emotional issues through techniques like dream analysis and free association.

Structured Behavior Therapy

A systematic approach to modifying behavior through a set of clearly defined protocols and techniques, commonly used to address specific psychological disorders.