Owner's Equity Is Increased by

question 21

Multiple Choice

Owner's equity is increased by

• A) drawings.
• B) revenues.
• C) expenses.
• D) liabilities.

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Definitions:

Intuitive Skill

An ability to understand or know something immediately based on feelings rather than facts, often playing a critical role in rapid decision-making.

Learned Skill

A capability or expertise acquired or enhanced through practice, training, or experience.

SBAR

An acronym for Situation, Background, Assessment, Recommendation - a communication framework used in healthcare to facilitate prompt and appropriate communication.

Assessment

The process of evaluating or estimating the nature, ability, or quality of something, often used in educational, professional, or healthcare settings to determine needs or performance.