Cash, inventory for sale to customers, supplies, and buildings are examples of liabilities.

Answer the following statement true (T) or false (F)


False

These are examples of assets.

Business

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In urban areas, Metropolitan Statistical Areas (MSAs) ________

A) are defined by local communities B) have a population of at least 50,000 C) comprise counties containing a central city D) have a population as low as 4,000 E) B and C

Business

Which of the following theories describes the conditions when the benefits of higher pay outweigh higher costs?

A. Efficiency wage theory B. Reinforcement theory C. Social exchange theory D. Expectancy theory E. Equity theory

Business

The statement of cost of goods manufactured is an extension of the income statement for a manufacturing company

Indicate whether the statement is true or false

Business

An affirmation of the value of goods creates an express warranty

Indicate whether the statement is true or false

Business