Which of the Following Statements Is False

question 75

Multiple Choice

Which of the following statements is false?

• A)The unearned revenue account has a credit balance.
• B)The revenue account has a credit balance.
• C)An expense account has a debit balance.
• D)A prepaid expense account has a credit balance.

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Definitions:

Real Estate Agent

A licensed professional who represents buyers or sellers in real estate transactions, facilitating the sale or lease of properties.

Agency

A business or organization established to provide a particular service, typically one involving arranging transactions between two other parties.

Environmental Audits

Evaluations conducted to assess the environmental compliance and performance of an organization or facility against regulatory standards and requirements.

Contaminated

Having been made impure or harmful by the introduction of pollutants, pathogens, or other hazardous materials.