Which of the Following Is Not a Possible Effect on the Accounting

question 32

Multiple Choice

Which of the following is not a possible effect on the accounting equation from a single transaction of $1000?

• A) Assets increase by $1000; Equity increases by $1000.
• B) Assets decrease by $1000; Liabilities decrease by $1000.
• C) Liabilities increase by $1000; Liabilities decrease by $1000.
• D) Liabilities decrease by $1000; Equity decreases by $1000.

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Definitions:

Self-managing Teams

Groups of workers who are given the autonomy to organize and complete work collectively without direct oversight from managers.

Leader-led Teams

Teams directed by a designated individual who is responsible for guiding team processes, making decisions, and driving results.

Quality of Life

A broad concept that involves individuals' overall well-being, including physical health, psychological state, level of independence, social relationships, personal beliefs, and their relationship to salient features of their environment.

Equity Theory

A theory of motivation that suggests individuals assess their job satisfaction based on the ratio of their inputs to their outcomes in comparison to others.