The decision concerning which assets to acquire to achieve an organization's objectives is an investing decision
Indicate whether the statement is true or false
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Describe what is meant by “communication makes and does.” How are these concepts related to the Greeks’ notion of poiesis and praxis?
What will be an ideal response?
A company may elect to use the fair value option for a single note receivable or for all notes receivable
Indicate whether the statement is true or false
Which of the following is a difference between a Subchapter S corporation and a limited liability company?
A) A Subchapter S corporation has no limitation on number of members, whereas a limited liability company limits ownership interests to no more than 35 shareholders. B) In a Subchapter S corporation, each owner has unlimited personal liability for debts of the organization, whereas in a limited liability company, liability of the owners is limited to loss of capital contribution. C) In a Subchapter S corporation, profits are taxed to owners as ordinary income and losses are deducted by them, whereas in a limited liability company, profits are taxed as income to corporation and again as income to owners when distributed as dividends. D) A Subchapter S corporation does not allow the owners control over daily management decisions, whereas a limited liability company does.
Discrepancies of quantity means
A. there are more consumers than producers. B. there are more producers than consumers. C. the difference between the product lines the typical producer makes and the assortment wanted by consumers or final users. D. the difference between the quantity of products it is economical for an individual producer to make and the quantity normally wanted by individual consumers or users. E. consumers want more products than producers can make.