For the Following Transaction,identify the Type of Change That Would

question 9

Multiple Choice

For the following transaction,identify the type of change that would have occurred in the accounting equation: Assets = Liabilities + Issued Capital + Opening retained profits + Revenue - Expenses - Dividends
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An account for advertising was received.There was no previous record of the charge.

• A) An asset increased and another asset decreased.
• B) An asset decreased and an expense increased.
• C) An asset decreased and a liability decreased.
• D) A liability increased and an expense increased.

Recognize the characteristics and examples of savant syndrome.

Understand the application of factor analysis in psychology and its role in identifying intelligence clusters.

Grasp the significance and criticism of a single intelligence measure.

Understand the triarchic theory of intelligence proposed by Robert Sternberg.

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Definitions:

Hasty Generalization

A conclusion is drawn from an unrepresentative or insufficiently sized sample.

Loaded Question

A fallacy that assumes a particular answer to another unasked question.

Unwarranted Assumption

An argument based on a premise which lacks evidence to support it, leading it to be erroneous.

Natural

Existing in or derived from nature; not made or caused by humankind.