Which of the Following Can Be an Effect of a Transaction

question 58

Multiple Choice

Which of the following can be an effect of a transaction that increased an asset of a business for the accounting equation to balance?

• A)there is an equal decrease in another asset
• B)there is an equal decrease in equity
• C)there is an equal decrease in a liability account
• D)both liabilities and equity decrease

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Definitions:

Intimate Relationships

Close, personal relationships that involve emotional or physical intimacy.

Technology

The application of scientific knowledge for practical purposes, especially in industry, which includes machinery, equipment, and software.

Sexual Double Standard

The belief that there are different rules and standards of sexual behavior for women and men.

Rape Culture

A societal system that normalizes, trivializes, and indirectly endorses rape and sexual assault through stereotypes and attitudes about gender and sexuality.