Which Side of the Account Increases the Cash Account

question 177

Multiple Choice

Which side of the account increases the cash account?

• A) credit
• B) neither a debit nor a credit
• C) debit
• D) either a debit or a credit

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Definitions:

Firms

Businesses or companies engaged in commercial, industrial, or professional activities either for profit or nonprofit.

Compensation Consultants

Specialists who advise organizations on compensating employees, including wage levels, bonus plans, benefits, and salary structures.

Compensation Systems

Frameworks within an organization that establish how employees are paid, including salary structures, benefits, and incentive plans.

Organizations

Entities or groups of people with a collective goal, structured and managed to meet a need or pursue shared goals.