Which of the Following Accounts Has a Normal Credit Balance

question 53

Multiple Choice

Which of the following accounts has a normal credit balance?

• A)Salary expense.
• B)Accrued income taxes payable.
• C)Land.
• D)Prepaid rent.

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Definitions:

Appropriate Norms

Standards of behavior that are considered acceptable and proper by a society or group.

Standardization

Establishing norms for comparing the scores of people who will take a test in the future; administering tests using a prescribed procedure.

Reliability

The extent to which a measure is consistent and free from error, providing similar results under consistent conditions.

IQ Scores

A measure of a person's cognitive abilities and potential, commonly expressed as a score derived from standardized tests designed to assess human intelligence.