Which of the Following Is an Asset Account

question 9

Multiple Choice

Which of the following is an asset account?

• A)Salaries Expense
• B)Accounts Payable
• C)Service Revenue
• D)Prepaid Expense

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Definitions:

Self-Fulfilling Prophecy

A belief or expectation that influences a person to act in ways that cause the belief to become true.

Human Nature

The innate characteristics, including ways of thinking, feeling, and acting, which all human beings share.

Fundamental Attribution Error

A cognitive bias where people are more likely to attribute others' actions to their character or disposition rather than to external factors.

Internal Attributions

The process of ascribing the cause of one's own or others' behaviors and outcomes to internal, personal factors rather than to external or situational factors.