On the balance sheet, the values of the various items a corporation owns are referred to as
A. assets.
B. liabilities.
C. budgets.
D. debts.
E. savings.
Answer: A
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Oxfam International is a nonprofit that works in 90 countries on issues of poverty advocacy and eradication, as well as disaster relief. Oxfam is a(n)
A. multinational corporation. B. global aid firm. C. international philanthropy. D. multinational organization. E. global charity.
Promotional sales are an integral component of marketing effort in the United States
On the other hand, in countries with shortage economies, where the market is dominated by the sellers, consumers view sales with suspicion because they believe that the product being promoted is of poor quality. This situation displays a lack of ________. A) conceptual equivalence B) item equivalence C) functional equivalence D) category equivalence
Which of the following is intended to structure a direction, plan for the future, provide a basis for measuring progress, and obtain the client's commitment to make needed changes?
a. information giving. b. advice giving. c. reinforcement. d. goal setting.
For governmental entities, the accrual basis of accounting is used for:
A. Capital projects funds. B. The general fund. C. Debt service funds. D. Internal service funds. E. Special revenue funds.