Which of the Following Statements Regarding Accounts Is Incorrect

question 14

Multiple Choice

Which of the following statements regarding accounts is incorrect?

• A) An asset is increased by a debit and decreased by a credit.
• B) Revenue is increased by a debit and an expense is increased by a credit.
• C) A liability is decreased by a debit and increased by a credit.
• D) Revenue is increased by a credit and an expense is increased by a debit.

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Definitions:

Poor Health

A general state characterized by physical, emotional, or mental unwellness, often resulting from disease, lifestyle choices, or environmental factors.

Dementia

A broad category of brain diseases that cause a long-term and often gradual decrease in the ability to think and remember, affecting daily functioning.

Alzheimer's Disease

A progressive neurological disorder that affects memory, thinking, and behavior, typically in older adults.

Vision And Hearing

Essential sensory processes where vision pertains to the ability to see and interpret light information through the eyes, and hearing involves the ability to perceive sound by detecting vibrations through the ear.