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.

---

Definitions:

Dismissal

The act of terminating an employee's contract or employment, often due to underperformance or disciplinary issues.

Unionized Organization

A workplace where a labor union represents the interests of the employees in negotiations with management.

Reinstatement

The act of restoring someone or something to a previous position or status, often used in employment contexts when a job is returned to a previously terminated employee.

Arbitrator

A neutral third party chosen to resolve disputes between parties in an arbitration proceeding.