Which of the Following Accounts Would Normally Increase with an Increase

question 70

Multiple Choice

Which of the following accounts would normally increase with an increase in sales and approximately in proportion to the sales increase?

• A) Common stock
• B) Inventory
• C) Notes payable
• D) Dividends

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Definitions:

Management

Management involves the planning, organizing, leading, and controlling of an organization's resources to achieve specific objectives.

Common Goals

Objectives shared by a group of people, aiming to achieve a mutual outcome or interest.

Income Going

The flow of earnings or revenue generated from economic activities or investments over a given period.

Labor Force

The total number of people available for work, including both the employed and those actively seeking employment.