If a Transaction Causes an Equity Account to Decrease,which of These

question 29

Multiple Choice

If a transaction causes an equity account to decrease,which of these related effects may also occur?

• A)A decrease of an equal amount in a liability account
• B)An increase of an equal amount in an asset account
• C)A decrease of an equal amount in an asset account
• D)A decrease of an equal amount in another equity account

---

Definitions:

Daily Basis

Refers to activities or practices that occur every day.

Job-Related Power

The capacity or ability of individuals to direct or influence the behavior of others or the course of events in the workplace.

Hostile Environment

Type of harassment (often with a sexual component) in which an employee’s rights are threatened through offensive working conditions or behavior on the part of other workers.

Sexual Harassment

Unwelcome or inappropriate sexual remarks or physical advancements in a workplace or other professional or social situation.