Because dividends are fixed, the prices of preferred stock are not as volatile as those of common stock

A business purchases $500 of office supplies on account. What is the effect on the accounting equation?

A) Office Supplies increase and Cash decreases. B) Office Supplies increase and Accounts Payable increase. C) Office Supplies increase and Accounts Payable decrease. D) Total assets increase and total liabilities decrease.

RMSEA is an incremental fit index

Indicate whether the statement is true or false