A ______ refers to an agreed-upon aspect of reality.

A. theory
B. model
C. concept
D. axiom


C. concept

Business

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The decider is a person in the organization who influences the decision about which supplier is chosen

Indicate whether the statement is true or false

Business

Explain the positive and negative aspects of pursuing a single-product strategy versus a diversification one. Provide an example of a company that uses each type of strategy.   

What will be an ideal response?

Business

Stock categorized as trading securities is purchased for $72,000 . At year end, when the market value of the stock is $63,000, the adjusting entry that would be recorded is:

a. Allowance to Adjust Short-Term Investments to Market 9,000 Unrealized Loss on Investments 9,000 b. Unrealized Loss on Short-Term Investments 9,000 Allowance to Adjust Short-Term Investments to Market 9,000 c. Allowance to Adjust Short-Term Investments to Market 9,000 Short-Term Investments 9,000 d. Realized Loss on Investments 9,000 Short-Term Investments 9,000

Business

International markets often differ widely because of great variations in the uncontrollable environmental forces.

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

Business