Which of the Following Is a True Statement

question 106

Multiple Choice

Which of the following is a true statement?

• A) Purchasing office equipment for cash is a shift of assets.
• B) Buying something on account decreases total liabilities.
• C) Retained earnings do not include payments of dividends.
• D) Paying off an account increases the total of assets.
• E) Selling something on account increases total liabilities.

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Definitions:

Dietary Reference Intakes

A set of reference values used to plan and assess nutrient intakes of healthy people, including guidelines for vitamins, minerals, and other dietary components.

Dietary Guidelines for Americans

A set of recommendations aimed at promoting health and reducing the risk of chronic diseases through diet and physical activity, officially updated every five years.

Calorie Limits

Recommended maximum intake of calories per day to maintain or achieve a healthy weight and lifestyle.

Portion Sizes

The amount of a particular food someone chooses to eat at one time, which can impact caloric intake and nutrition.