Which of the Following Statements Is True

question 42

Multiple Choice

Which of the following statements is true?

• A) If the liabilities owed by a business total $450 000,then the assets also total $450 000.
• B) If the assets owned by a business total $500 000,then shareholders' equity also totals $500 000.
• C) If the assets owned by a business total $90 000 and liabilities total $50 000,then shareholders' equity totals $40 000.
• D) If the assets owned by a business total $90 000 and liabilities total $50 000,then shareholders' equity totals $140 000.

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Definitions:

Identical Twins

Twins who originate from the same fertilized egg, sharing the same genetic material and typically, but not always, appearing very similar.

Fraternal Twins

Twins that are developed from two different eggs fertilized by two different sperm, making them genetically unique individuals.

Restless

A state of unease or inability to remain still or quiet, often leading to constant movement or the desire to be constantly busy.

Fidgety

Exhibiting restless or nervous movements, often as a result of impatience, boredom, or anxiety.