Which of the Following Is an Example of a Claims

question 46

Multiple Choice

Which of the following is an example of a claims exchange transaction?

• A) An asset decreases and an equity account decreases.
• B) An asset increases and another asset decreases.
• C) A liability increases and an equity account decreases.
• D) A liability increases and an equity account also increases.

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Definitions:

Wasted

Refers to resources or materials that are not used efficiently or are discarded without being utilized to their full potential.

Space Heating

The process of providing warmth to interior spaces of buildings, primarily for the comfort of occupants, through various heating systems and methods.

Passive Solar

A method of capturing sunlight directly through strategic design and building placement to naturally heat and light homes, reducing energy use.

Nuclear Power Plant

A facility that uses nuclear reactions to produce electricity, typically by heating water to generate steam that drives turbines.