A Credit

question 64

Multiple Choice

A credit:

• A)Always decreases an account.
• B)Is the right-hand side of a T-account.
• C)Always increases an account.
• D)Is the left-hand side of a T-account.
• E)Always increases asset accounts.

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Definitions:

Public Policy Exception

A legal principle allowing courts to refuse to enforce certain contracts or clauses if they are in violation of the established public policy of the state or country.

Employment At Will

A legal doctrine that means an employer can terminate an employee at any time for any reason, except an illegal one, or no reason without incurring legal liability.

Occupational Safety

Policies, practices, and procedures implemented to protect individuals from risks and hazards in the workplace.

OSHA

The Occupational Safety and Health Administration, a federal agency tasked with ensuring safe and healthy working conditions for employees by setting and enforcing standards.