The major value-creating capabilities of the organization are known as its ________.
A. strengths
B. opportunities
C. core competencies
D. resources
Answer: C
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Payment is made for machinery purchased previously on credit. What effect does this transaction have on the accounting equation?
A) Assets and liabilities increase B) Assets and contributed capital increase C) Liabilities decrease and retained earnings increase D) Assets and liabilities decrease
What are the characteristics of large, growing markets which make them desirable?
What will be an ideal response?
Diversity makes an organization innovative and creative. Conversely, sameness fosters an absence of critical thinking, which is called ____________
Fill in the blank(s) with correct word
An accountant who willfully violates Section 11 of the 1933 Securities Act is subject only to civil liability
a. True b. False Indicate whether the statement is true or false