All of the Following Accounts Are Decreased by Debits Except

question 105

Multiple Choice

All of the following accounts are decreased by debits except:

• A)liabilities
• B)revenues
• C)assets
• D)contributed capital accounts

---

Definitions:

Team Effectiveness

Refers to the capacity of a team to work together efficiently to achieve their goals and objectives.

Self-serving

Actions or behaviors motivated primarily by personal gain, often at the expense of others.

Decentralized Network

A network structure where operations are not governed or controlled from a central location, allowing for distributed decision-making and autonomy.

Communication

The process of transferring information, meaning, and understanding from one entity or group to another through the use of mutually understood signs, symbols, and semiotic rules.