Accounts Payable, Taxes Payable, and Notes Payable

question 127

Multiple Choice

Accounts Payable, Taxes Payable, and Notes Payable:

• A)increase on the debit side, decrease on the credit side and are assets.
• B)decrease on the debit side, increase on the credit side and are liabilities.
• C)increase on the debit side, decrease on the credit side and are expenses.
• D)decrease on the debit side, increase on the credit side and are revenues.

---

Definitions:

Subsidiary Human Capital

The skills, knowledge, and experience possessed by employees of a subsidiary, which contribute to its value and performance.

Local Human Capital

Local human capital refers to the collective skills, knowledge, and experience possessed by individuals within a specific geographic area, contributing to the economic productivity of that region.

Company Specificity

Company specificity relates to the unique attributes, practices, or resources that are particular to a specific company, distinguishing it from its competitors.

Local Human Capital

The collective skills, knowledge, and experience possessed by an area's population, contributing to its economic productivity.