According to the Accounting Equation,ceteris Paribus,which of the Following Could

question 104

Multiple Choice

According to the accounting equation,ceteris paribus,which of the following could offset an increase in profits so as to maintain equality?

• A)Dividends,common shares or liabilities decrease; alternatively,assets increase.
• B)Dividends or assets increase; alternatively,common shares or liabilities decrease.
• C)Dividends,assets,or common shares increase; alternatively,liabilities decrease.
• D)Dividends,assets,or liabilities increase; alternatively,common shares decrease.

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Definitions:

Self-fulfilling Prophecy

A forecast that, by the virtue of being made, influences actions and attitudes in a way that brings it to realization, fueled by a cyclical reinforcement between conviction and action.

Patronizing

Treating others with an apparent kindness that betrays a feeling of superiority.

Elders

Older individuals, often respected for their wisdom and experience, in a community or family.

Older Women

Females of an advanced age, often facing unique social, health, and economic challenges.