Which of the Following Is Not Possible When Recording a Transaction

question 155

Multiple Choice

Which of the following is not possible when recording a transaction?

• A)Liabilities increase and assets decrease.
• B)Stockholders' equity increases and assets increase.
• C)One asset increases and another asset decreases.
• D)Stockholders' equity decreases and assets decrease.

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Definitions:

Orientation

The introduction and alignment of new employees to the company's environment, culture, and expectations to facilitate their adaptation and productivity.

Cross-functional Teams

Teams composed of members with different expertise working toward a common goal, encouraging diversity of thought.

Functional Departments

Divisions within an organization based on functions or roles such as marketing, finance, and human resources, focusing on specialized tasks or services.

Cohesive Group

A collective of individuals who are united in their goals, values, or interests, displaying strong bonds and a high level of mutual support.