Which of the Following Statements Is True

question 80

Multiple Choice

Which of the following statements is true?

• A)If revenues are less than expenses,the company has a net loss and retained earnings falls.
• B)If revenues are greater than expenses,the company has net income and contributed capital rises.
• C)If revenues are less than expenses,the company has a net loss and contributed capital rises to balance off the loss.
• D)If revenues are greater than expenses,the company has net income and retained earnings falls.

---

Definitions:

Ability Assessment

The evaluation of an individual's skills, talents, or intellectual capacities, often through standardized testing.

Paper-And-Pencil Tests

Traditional forms of assessment where responses are given on paper, often used for educational or psychological examinations.

Thematic Apperception Test

A projective psychological test that assesses an individual's underlying motives, conflicts, and personality traits through interpreting ambiguous images.

Examiner

An individual who conducts tests, assessments, or examinations, evaluating the performance or knowledge of others.