A Decrease in a Liability Is Recorded by a Credit

question 78

True/False

A decrease in a liability is recorded by a credit.

---

Definitions:

Manganese

A chemical element with symbol Mn and atomic number 25, essential for human health in trace amounts, particularly for enzyme function and bone development.

Minimal Brain Dysfunction

A dated term historically used to describe a range of neurodevelopmental disorders in children characterized by difficulties in learning and behavior, not explained by intellectual disability or global neurological disorder.

Hyperkinetic Syndrome

An outdated term typically referring to a range of disorders characterized by excessive movement, now more commonly referred to as Attention-Deficit/Hyperactivity Disorder (ADHD).

ADHD

ADHD, or Attention Deficit Hyperactivity Disorder, is a neurodevelopmental disorder characterized by inattention, hyperactivity, and impulsivity, which can affect children and adults.