If Houston Company Billed a Client for $10,000 of Consulting

question 7

Multiple Choice

If Houston Company billed a client for $10,000 of consulting work completed, the accounts receivable asset increases by $10,000 and:

• A) Accounts payable increases $10,000.
• B) Revenue decreases $10,000
• C) Accounts payable decreases $10,000.
• D) Cash increases $10,000.
• E) Revenue increases $10,000.

---

Definitions:

Narcissistic Personality Disorder

An extreme pattern of arrogant, exploitative behavior combined with a notable lack of empathy.

Emotional Hemophilia

A metaphorical term describing individuals who have excessive emotional sensitivity and vulnerability to emotional pain.

Borderline

A term often used to describe a condition, situation, or quality that is indeterminately between two states or classifications, especially in psychology where it refers to Borderline Personality Disorder.

Narcissistic

Pertaining to narcissism, characterized by an excessive preoccupation with oneself and one's physical appearance, abilities, and needs.