A Transaction That Causes an Increase in an Asset May

question 110

True/False

A transaction that causes an increase in an asset may also cause a decrease in another asset, an increase in a liability, or an increase in equity.

---

Definitions:

Learning

The acquisition of knowledge, skills, behaviors, or preferences through study, experience, or teaching.

Behaviour

Describes the actions or reactions of an organism, usually in relation to its environment.

Knowledge

Information, understanding, or skill that one gets from experience or education.

Unconditioned Stimulus

Within classical conditioning, a stimulus effortlessly and instinctively provokes a response without any previous learning involved.