Which of the Following Transactions Results in an Increase in Expenses

question 129

Multiple Choice

Which of the following transactions results in an increase in expenses?

• A) Payment on accounts payable
• B) Usage of utilities
• C) Repayment of principal of bank loan
• D) Purchase of office equipment on credit

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Definitions:

Government Interference

Actions taken by government to regulate or influence private activities or decisions, often seen in economic and personal freedoms.

Employee Privacy

Refers to the rights and expectations of privacy an employee has while working at an organization, balancing between the employer's need to monitor work and the employee's right to personal privacy.

Social Media

Platforms and websites that enable users to create and share content or to participate in social networking.

U.S. Law

The legal system of the United States, encompassing federal, state, and local laws, regulations, and legal precedents.