Which of the Following Would Increase Assets and Increase Liabilities

question 29

Multiple Choice

Which of the following would increase assets and increase liabilities?

• A)Provide services to customers on account.
• B)Purchase office supplies on account.
• C)Pay dividends to stockholders.
• D)Received a utility bill but do not pay for it.

---

Definitions:

Goals Motivate

The concept that setting and striving for objectives can drive individuals or teams to improve their performance and achieve success.

Goal-Setting Theory

A psychological theory that suggests setting specific and challenging goals enhances motivation and performance.

Clear, Well-Defined Goals

Specific, articulate objectives that are straightforward to understand and aim to achieve.

Goal Commitment

The determination and dedication an individual shows towards achieving their set objectives.