Which of the following is an example of personal property:
a. patents b. land
c. buildings d. furniture
e. none of the other choices are correct
d
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The periodicity assumption recognizes that
A) the company may continue indefinitely. B) all financial statements should cover a fiscal year. C) some items reported in net income are estimates. D) the value of an asset may vary from month to month.
Within the company situation analysis, what step must be done right before the conclusion concerning competitive position?
a. assessment of competitive strength and identification of competitive advantage b. assessment of the present strategy based on performance c. determination of the issues and problems that need to be addressed d. SWOT analysis
Describe the leadership implications that power and politics bring.
What will be an ideal response?
Property loss insurance provides protection from all but one of the following. Which one is not covered by property loss insurance?
A) The financial harm that your negligence causes others B) Damage to your property resulting from natural disasters C) Your financial loss due to the negligence of others D) Your financial loss due to your own negligence