The Three Basic Elements of the Balance Sheet Are ________

question 125

Multiple Choice

The three basic elements of the balance sheet are ________.

• A)operating activities,investing activities,and financing activities.
• B)assets,liabilities,and shareholders' equity
• C)revenues,expenses,and net income or loss
• D)retained earnings,net income,and dividends

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Definitions:

Mere Exposure Effect

A psychological effect in which people show a preference for items or concepts they recognize simply because they know them.

Two-factor Theory of Emotion

A psychological theory that proposes emotions are based on physiological arousal and cognitive labeling of that arousal.

Aerobic Exercises

Physical exercises that involve or improve oxygen consumption by the body, enhancing cardiovascular conditioning and endurance.

Romantic Feelings

Emotions associated with love, affection, and strong personal attachment toward another person, typically characterized by desire and intimacy.