The formula for calculating surplus (loss) is

a. total income minus total expenses.
b. assets minus liabilities.
c. total income minus liabilities.
d. assets minus total expenses.


a

Business

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The adjustment to convert cash-basis collections from customers to accrual-basis revenue earned requires adding the ending balance in accounts receivable and subtracting the beginning balance in accounts receivable

Indicate whether the statement is true or false

Business

Define selective presentation.

What will be an ideal response?

Business

What contemporary trend in HRM is associated with the centralisation and standardisation of HR delivery across an entire organisation:

a. increasing use of shared service centres b. decreasing use of shared service centres c. outsourcing of particular HR activities d. devolution of responsibility to line managers

Business

According to social identity theory what are the two components of identity?

*a. personal; social b. personal; group c. cultural; social d. conscious; unconscious

Business