The sine qua non rule or but for rule is that:
a. the injury would not have occurred if the victim had known the tortfeasor b. the injury would not have occurred but for the conduct of the tortfeasor
c. the injury is the fault of the tortfeasor
d. the injury occurred because of the tortfeasor's lack of knowledge e. none of the other choices
b
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Blecker Corp made cash sales to customers. What effect does this transaction have on the accounting equation?
a. Liabilities increase and stockholders' equity increases. b. There is no effect on the accounting equation as one asset account increases while another asset account decreases. c. Assets increase and liabilities increase. d. Assets increase and stockholders' equity increases.
In a vertical analysis of the balance sheet, the 100% amount is
a. Current assets b. Working capital c. Total assets d. Total stockholders' equity
Which of the following is an advantage of creating and distributing a web-based report?
A) Reports are easier to design B) Reports can be printed and stored on the audience's computer C) Reports are durable and don't disappear when a web address changes D) Reports can be updated frequently E) Companies can track people interested in the information
Conceptual skills are less important to top managers.
Answer the following statement true (T) or false (F)