In Which of the Following Types of Accounts Are Decreases

question 162

Multiple Choice

In which of the following types of accounts are decreases recorded with debits?

• A) assets
• B) revenues
• C) expenses
• D) dividends

Grasp the components and consequences of burnout across different professions.

Understand the types of organizational stress management practices and their targeted areas.

Gain knowledge about the different personality types and their relation to stress management.

Recognize the components and benefits of stress-release programs and wellness programs.

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Definitions:

Competitive Equality Banking Act

A U.S. law aimed at promoting competition among banks and equalizing regulatory standards across different types of banking institutions.

Nonlocal Check

A check written on an account at a bank which is located outside the local check-processing region of the bank at which it is deposited.

Depositary Bank

A financial institution that holds and manages securities deposits and facilitates trading of these financial assets.

Drawee Bank

Drawee bank refers to the bank upon which a check or draft is drawn, responsible for paying the specified amount of money to the entity presenting the check for payment.