Which of the Following Will Increase Owner's Equity

question 10

Multiple Choice

Which of the following will increase owner's equity?

• A) Expenses > revenues
• B) the owner draws money for personal use
• C) Revenues > expenses
• D) Cash is received from customers on account.

---

Definitions:

Performance Tests

Exams or assessments designed to evaluate a person's ability to perform tasks or react to scenarios in real-time, rather than through written or oral answers.

IQ Tests

Standardized assessments designed to measure human intelligence and cognitive abilities.

Criticisms

The expression of disapproval or the identification of faults in someone or something based on perceived mistakes or weaknesses.

Flynn Effect

The observed substantial and long-sustained increase in intelligence test scores measured in many parts of the world over the 20th century.