What Accounts Are Increased with Credits

question 38

Multiple Choice

What accounts are increased with credits?

• A)liabilities and assets
• B)liabilities and expenses
• C)liabilities,revenues and paid-in capital
• D)assets and revenues

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Definitions:

Social Cohesion

The bonds that bring people together in a society, fostering unity, solidarity, and a sense of belonging among its members.

Realistic Conflict Theory

A social psychology theory that suggests competition for limited resources leads to conflict between groups, resulting in increased prejudice and discrimination.

Ultimate Attribution Error

The tendency to ascribe the cause of a behavior to the dispositions of the group rather than to situational factors when evaluating behaviors of groups different from one's own.

Normative Influence

The effect of societal norms and expectations on an individual's behavior, prompting conformity to group standards.