A separate capital account is maintained for each partner in a partnership.
Answer the following statement true (T) or false (F)
True
A separate capital account is maintained for each partner in the business to reflect each partner's ownership interest.
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Because they are in transition, the markets of Central and Eastern Europe present interesting opportunities and challenges which include:
A) new sources of growth. B) first mover advantage. C) exporting as an entry mode. D) lower wage rate. E) all of the above
Which of the following would be reported as a liability?
A) demand deposits B) bank overdrafts C) certificates of deposit D) travel advances
Tower Fasteners developed a commanding position in the fastener industry by having in stock over 150,000 different types of fasteners. Tower's primary market is defined as companies with a need for specialized fasteners. All of the following are characteristics of the buying organization that Tower can use for segmentation EXCEPT:
A. psychographic variables B. the method the company uses to make purchases C. geographic location D. personal characteristics of purchase decision makers E. company size
Auto insurance can be very expensive if you
A) have a new subcompact car. B) are a male under 25. C) have not taken a driver training course. D) have an older car without air bags.