Which of the Following Is NOT Possible for a Business

question 72

Multiple Choice

Which of the following is NOT possible for a business transaction?

• A)Increase assets and decrease revenue.
• B)Decrease assets and increase expense.
• C)Increase liabilities and increase expense.
• D)Decrease liabilities and increase revenue.

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Definitions:

Receipt-Of-Service

A document or notification confirming the delivery and receipt of legal documents or other important materials.

Acknowledgement-Of-Service

A legal document indicating that a party has received the legal papers being served.

Confirmation-Of-Service

A verification process or document that proves a service, such as mailing legal documents or completing a transaction, has been provided or delivered.

Articulate

The ability to express oneself clearly and effectively in spoken or written form.