Which One of the Following Increases Owner's Equity

question 150

Multiple Choice

Which one of the following increases owner's equity?

• A) Revenues
• B) Expenses
• C) Owner drawings
• D) Purchase of supplies

---

Definitions:

Participatory Planning

A process that involves all stakeholders in the decision-making process of planning, ensuring their views are considered.

Contingency Situations

Unexpected or emergency circumstances that require immediate and flexible responses or adaptations from individuals or organizations.

Forecasting

The method of forecasting future occurrences or directions by analyzing present and past data.

Planning Benefits

The positive outcomes, such as increased efficiency, risk mitigation, and goal achievement, that result from effective organizational or project planning.