Question
1. An expense would result in: a.An increase in equity and a decrease in a liability account b. An increase in a liability or a
1.
An expense would result in:
a.An increase in equity and a decrease in a liability account
b. An increase in a liability or a decrease in an asset account
c.A decrease in a liability or an increase in an asset account
d. An increase in one asset account and a decrease in another
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Gleim CIA Review Part 2 Practice Of Internal Auditing
Authors: Irvin N. Gleim
2020 Edition
1618542648, 978-1618542649
