Which of the Following Statements Is Not True

question 119

Multiple Choice

Which of the following statements is not true?

• A)Assets must always equal liabilities plus shareholders' equity.
• B)The total value of credits in all accounts must always equal the total value of debits in all accounts.
• C)The net changes in assets must always equal the sum of the net changes in liabilities and shareholders' equity.
• D)The number of credits posted must equal to number of debits posted.

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Definitions:

Table Tools Fields Tab

A specific tab or interface in database software that provides tools and options for configuring fields within tables.

Modify Expression

An action in programming or databases where the user changes the syntax or parameters of an existing expression to alter its functionality.

Calculated Field

A field in databases or spreadsheets that gets its value from the result of an expression rather than being entered or stored directly.

Criteria Syntax

The specific arrangement and formatting of conditions or rules used to filter or select records in queries.