Which of the Following Statements About the Rules of Debits

question 51

Multiple Choice

Which of the following statements about the rules of debits and credits is CORRECT?

• A)An asset is increased by a credit.
• B)Dividends are decreased by debits.
• C)A liability is increased by a debit.
• D)Revenue is increased by a credit.

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Definitions:

Employment Act

Legislation that regulates labor conditions, including wages, working hours, and workplace safety.

Specialized Accommodations

Adaptations or modifications made to environments, tasks, or services to meet the unique needs of specific individuals, especially those with disabilities.

Mandatory Retirement

A policy requiring employees to retire at a specific age, regardless of their willingness or ability to continue working.

Age Preference

A bias or inclination towards individuals of a specific age group.