If the Liabilities of a Company Increased $74,000 During a Period

question 8

Multiple Choice

If the liabilities of a company increased $74,000 during a period of time and equity in the company decreased $19,000 during the same period, what was the effect on the assets?

• A) None of the above.
• B) Assets would have decreased $19,000.
• C) Assets would have increased $55,000.
• D) Assets would have decreased $55,000.
• E) Assets would have increased $19,000.

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Definitions:

Self-efficacy

Confidence in your ability to carry out a specific task in contrast to generalized self-confidence.

Shares Power

Involves distributing and delegating authority to other members within an organization, fostering empowerment and collaboration.

Intrinsic Motivation

A person’s beliefs about the extent to which an activity can satisfy his or her needs for competence and self-determination

Empowerment

The process of increasing the capacity of individuals or groups to make choices and transform those choices into desired actions and outcomes.