On a Balance Sheet

question 161

Multiple Choice

On a balance sheet,

• A)total assets must equal total liabilities plus equity.
• B)total assets plus equity must equal total liabilities.
• C)total assets plus total liabilities must equal zero.
• D)total assets plus total liabilities plus equity must equal zero.

---

Definitions:

Expressive

The quality of effectively conveying thoughts, feelings, and emotions through speech, writing, or artistic expression.

Extroversion

A personality trait characterized by outgoingness, high energy, and sociability.

Big Five Model

A psychological theory that outlines five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Sociable

Willing to engage in social interactions; possessing traits of friendliness and social confidence.