A Revenue Expenditure Results in a

question 225

Multiple Choice

A revenue expenditure results in a

• A)debit to an expense account.
• B)credit to an expense account.
• C)debit to an asset account.
• D)credit to an asset account.

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Definitions:

Mode

The most common number found in a given set of data, marked by the greatest peak on a frequency distribution chart.

Frequency Distribution

A summary of how often various values occur in a data set, often represented in a table or graph.

Mode

The value that occurs most frequently in a given set of data, used as a measure of central tendency.

Set Of Colors

A specific collection or arrangement of colors, often used to represent different data points, categories, or variables in visual representations.