A $5,000 Account Payable Is Paid by the Business

question 9

Multiple Choice

A $5,000 account payable is paid by the business.How is the accounting equation affected?

• A) Assets decrease $5,000; owner's equity increases $5,000.
• B) Assets decrease $5,000; liabilities decrease $5,000.
• C) Assets increase $5,000; owner's equity decreases $5,000.
• D) Assets increase $5,000; liabilities increase $5,000.

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Definitions:

Human Factors Psychologist

A professional who applies psychological principles to the design of products, processes, and systems to optimize human well-being and overall system performance.

Person-machine Interactions

The study and design of systems and environments where humans and machines cooperate or interact.

Optimum Work Environments

refers to ideal conditions in the workplace that maximize employee performance and well-being, integrating factors such as physical space, social atmosphere, and organizational culture.

Organizational Structures

The systems and hierarchies established within an organization to define roles, responsibilities, and the flow of information.