Which of the Following Equations Is Correct

question 3

Multiple Choice

Which of the following equations is correct?

• A) Assets plus Liabilities = Equity.
• B) Assets = Liabilities minus Equity.
• C) Liabilities = Assets plus Equity.
• D) Equity = Assets minus Liabilities.

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Definitions:

Anuria

A medical condition characterized by the failure of the kidneys to produce urine.

Hematuria

The presence of blood in urine, which can indicate urinary tract infections, kidney stones, or more serious conditions like cancer.

Urine

A liquid by-product of metabolism in the body, expelled through the urinary system; it consists of urea, water, salts, and other waste compounds.

Urine Specimen

A sample of urine collected for diagnostic purposes to test for various diseases, conditions, or drug usage.