Which of the Following Is a True Statement Regarding Debits

question 133

Multiple Choice

Which of the following is a true statement regarding debits and credits?

• A)If a company earned a profit,debits will not equal credits.
• B)For a business,debits are better than credits.
• C)A company's books are not in balance if they have a current period loss.
• D)Assets and expenses are both increased with a debit.
• E)Liabilities and equity are both increased with a debit.

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Definitions:

Interpersonal Psychotherapy Groups

A form of group therapy that focuses on improving interpersonal relations and communication to resolve mood disorders and distress.

Orientation

The initial stage in group formation where members become familiar with each other and the group's purpose.

Moreno's Psychodrama

A therapeutic approach developed by Jacob L. Moreno that uses spontaneous dramatization, role-playing, and dramatic self-presentation to facilitate insight and change.

Role Play

A technique in training and psychotherapy where individuals assume roles and act them out in a realistic scenario, for the purpose of learning or behavior modification.