Which of the Following Types of Accounts Will Always Be

question 44

Multiple Choice

Which of the following types of accounts will always be credited when a prepaid expense account is adjusted?

• A) Assets
• B) Liabilities
• C) Revenues
• D) Expenses

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Definitions:

Credibility

The quality of being trusted and believed in, often determined by expertise, reliability, and a perceived sense of integrity.

Car Dealership

A business that sells new or used cars at the retail level, typically through a contract with an automaker or its sales subsidiary.

Social Networking

The use of internet-based platforms and applications to build and maintain social connections, sharing interests, activities, backgrounds, or real-life connections.

Guerrilla Marketing

An advertising strategy that focuses on low-cost unconventional marketing tactics that yield maximum results, often involving surprise or creative engagement.