Financial risk is the risk to a firm of being unable to cover operating costs

Indicate whether the statement is true or false


TRUE

Business

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Which of the following is the term for keeping a record of when a document is received and what has happened to it since its receipt

a. Organization of custody b. Evidence chain c. Coordination of custody d. Chain of custody

Business

The principal is liable for the tortious conduct of an agent who is acting within the scope of his or her authority

Indicate whether the statement is true or false

Business

Which of the following would be classified as a long-term operational asset?

A. Inventory B. Accounts receivable C. Notes receivable D. Trademark

Business

Native apps are inexpensive to develop because they use the capabilities of the mobile device

Indicate whether the statement is true or false

Business