Which of the Following Is a TRUE Statement

question 37

Multiple Choice

Which of the following is a TRUE statement?

• A)Purchasing office equipment for cash is a shift of Assets.
• B)Buying something on account decreases total Liabilities.
• C)Retained Earnings do not include payments of dividends.
• D)Paying off an account increases the total of Assets.

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Definitions:

Communication Strategies

Plans of action designed to convey information effectively to a target audience.

Marketing Channels

The pathways or routes through which goods and services flow from the producer to the consumer, including physical and online distributions.

Ethnic Groups

Communities or populations sharing common cultural traits, geographical origins, linguistic backgrounds, or ancestry.

Population Growth

An increase in the number of people that reside in a country, region, or city, which can impact various aspects of society including demand for products and services.