Which of the Following Statements Is False

question 75

Multiple Choice

Which of the following statements is false?

• A)The unearned revenue account has a credit balance.
• B)The revenue account has a credit balance.
• C)An expense account has a debit balance.
• D)A prepaid expense account has a credit balance.

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Definitions:

Article 9

A provision of the Uniform Commercial Code that deals with secured transactions involving personal property.

Upward Social Comparison

The process of comparing oneself to others who are perceived to be better off or superior in some way, often leading to feelings of inspiration or inadequacy.

Social Comparison

The process by which individuals evaluate their own abilities, achievements, and situations by comparing them to those of others.

Anthropology Project

A research or study undertaking within the field of anthropology, aimed at exploring human societies, cultures, and biological characteristics.