The Debt Created by a Business When It Makes a Purchase

question 18

Multiple Choice

The debt created by a business when it makes a purchase on account is a(n) :

• A) revenue.
• B) prepaid expense.
• C) account receivable.
• D) account payable.

---

Definitions:

Human-Activated

Refers to processes or systems that require human action to be initiated or operated, distinguishing from those that function automatically or naturally.

Destroying Vegetation

The act of causing damage or destruction to plant life, often due to human activities or natural disasters.

Flooding

An overflow of water that submerges land which is usually dry, often caused by heavy rainfall or melting snow.

Incidence

The occurrence, rate, or frequency of a disease, crime, or something else undesirable.