From the perspective of an account holder, a savings account is a liability with interest.

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


False

Business

You might also like to view...

The monetary unit assumption:

A. Prescribes that a company record the expenses it incurred to generate the revenue reported. B. Presumes that the life of a company can be divided into time periods, such as months and years, and that useful reports can be prepared for those periods. C. Means that we can express transactions and events in monetary, or money, units. D. Means that accounting information reflects a presumption that the business will continue operating instead of being closed or sold. E. Means that a business is accounted for separately from other business entities, including its owner.

Business

Pre-training involves the teaching of _____

a. salesmanship principles and product knowledge b. various training methods to determine their effectiveness c. company history and policies and a job orientation d. aptitude and achievement tests

Business

The writing of the business plan will be divided equally ____ Rick and Cathi

A) among B) between

Business

What characteristics does it take to be a successful entrepreneur?

What will be an ideal response?

Business