The Difference Between Assets and Liabilities Is Called

question 27

Multiple Choice

The difference between assets and liabilities is called:

• A) Equity
• B) Expense
• C) Revenue
• D) Income statement

---

Definitions:

Alcohol

An organic compound characterized by the presence of one or more hydroxyl (-OH) groups attached to a carbon atom, commonly used as a solvent, disinfectant, and in beverages for consumption.

Drink Alcohol In Excess

Consuming alcoholic beverages in quantities beyond what is considered moderate or safe.

Guidelines For Good Health

Recommendations or advice for maintaining or improving general well-being through diet, exercise, and healthy living practices.

Unnecessary X-Rays

Medical imaging procedures that are not warranted based on a patient's symptoms or medical history, potentially exposing them to unnecessary radiation.