The Normal Balance of an Expense Account Is a ________

question 99

Multiple Choice

The normal balance of an expense account is a ________ while the normal balance of a revenue account is a ________.

• A) debit; debit
• B) credit; credit
• C) credit; debit
• D) debit; credit

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Definitions:

Predictor Variable

A variable, often designated as the independent variable, that is used to make predictions about (or is assumed to cause) changes in another variable.

Criterion Variable

The variable that is predicted or explained in a study, often considered the outcome or dependent variable.

Latent Class Analysis

A statistical method used to identify subgroups within a population that share certain characteristics, without these groups being previously known.

Uncertainty Avoidance

A cultural dimension that reflects the degree to which societies tolerate ambiguity and uncertainty.